Eric Herskowitz
@ewitz386I follow stock, real estate and precious metal markets.
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Days on Market in Florida. Nov 2023: 56 days Nov 2024: 78 days +39% increase YoY. Highest level since 2017.
“It’s not a competitor for the dollar, it’s really a competitor for gold” said Powell. It’s actually Gold that is a competitor to the dollar as Central Banks around the world are demonstrating with their massive purchases. cnbc.com/2024/12/05/wha…
The last time U.S. stocks were this overvalued versus the rest of the world was... well, never.
🚨 BREAKING NEWS 🚨 THE NUMBER OF HOUSES FOR SALE IN FLORIDA JUST SKYROCKETED AND HAVE NEARLY DOUBLED IN THE PAST YEAR MANY OF THESE HOMES ARE AIRBNB RENTALS WITH OWNERS WHO ARE ABOUT TO DECLARE BANKRUPTCY DUE TO UNBEARABLE LOANS THIS WILL BE BIGGER THAN THE 1929 CRASH… $SPY
The US Dollar is ready to roll over. $DXY $GLD $SLV $WTI
OMG...sometimes all you can do is laugh. Comex gold fights its ass off all last week in the climb back from the post-election hysteria lows, only to be obliterated backward in a matter of hours on option expiration day. #StairsUpElevatorDown
“You want to park here? Scan this QR code on the parking machine, and pay” Millions per month have been made on the QR Code scam.
Concerns are growing louder. This could be the catalyst the market has been waiting for. We await.
Nvidia vs Smci One has been caught cooking the books, the other just not as yet. Guess what happens next?
The average American 🇺🇸 household spends $270 a week on Groceries
Powell cuts, and yields go up again. Maybe he'll receive the memo after mortgage rates hit 10%
👀
JUST IN - 43 Rhesus monkeys "escape" from bio-research lab in Yemassee, South Carolina — AP
Pretty concerning how low homebuyer demand is right now. Mortgage apps to buy a house are down 45% from pre-pandemic levels. Languishing at lowest level in 30 years. And now mortgage rates are spiking again.
Mortgage applications fell 11% week/week as the 30Y mortgage ticked up to 7.1% again Unrealistic prices & normalized rates will keep real estate in recession until prices and affordability improve.
Who knew bond markets imploding was so bullish for stocks 😂😳🤔
Bond yields are ripping too. I dare the Fed to cut rates onThursday if Trump wins.
🚨 BREAKING NEWS 🚨 NVIDIA HAS ASKED FOR LEGAL IMMUNITY FROM SECURITIES FRAUD PROTECTION FROM THE U.S SUPREME COURT COINCIDENTALLY $SMCI WHICH IS NVDA’s 3’RD LARGEST CLIENT HAS UNTIL NOV 16 TO PROVIDE AN AUDITED COMPLIANCE PLAN OR THEY GET DELISTED $NVDA IS THE NEXT $CSCO …
US Banks are in trouble Rising yields are crushing them Silicon Valley Bank collapsed when the 10Y was at 4% we are currently at 4.36%
Government overreach kidnapped an orphan squirrel and executed him …
The Fed cut interest rates to stimulate the economy. But instead of falling, long-term borrowing costs (like mortgage rates) are spiking. When rates rise this way, it often signals deeper inflation issues, not relief. History shows this can end badly.
The more the Fed commits to cuts, the worse it is for bonds.
United States Trends
- 1. Army 330 B posts
- 2. $PHNIX 9.710 posts
- 3. $CUTO 11,4 B posts
- 4. Chris Christie 4.586 posts
- 5. Arsenal 187 B posts
- 6. Pachuca 18,5 B posts
- 7. Marshall 21,9 B posts
- 8. Liverpool 144 B posts
- 9. #CelebrationBowl N/A
- 10. Cherry Boom Christmas N/A
- 11. SC State 2.286 posts
- 12. #SNME 15,2 B posts
- 13. Kidney 7.040 posts
- 14. Nottingham Forest 7.342 posts
- 15. National Anthem 6.126 posts
- 16. Devin Nunes 4.558 posts
- 17. Memphis 15,3 B posts
- 18. Independence Bowl 1.259 posts
- 19. Karr 1.513 posts
- 20. Arteta 54,6 B posts
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