What’s Known As A Ponzi Scheme
https://www.youtube.com/watch?v=9XES1IGINuk https://www.youtube.com/watch?v=idNDv3oDvw8 https://www.youtube.com/watch?v=VG4gElT1q7E
The Seeds Of A Bust Are Sown Throughout A Boom
A weekend topic starting with Yahoo Finance. "As Wall Street debates the cause of First Republic’s troubles, one analyst blames the nation’s top financial regulators. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen were 'advocates of the strategy called…
All This Magic Is Kicking The Can Down The Road
https://www.youtube.com/watch?v=oxd37VfPccs https://www.youtube.com/watch?v=WaFgqsAiveI https://www.youtube.com/watch?v=AhPEjhKkGSY https://www.youtube.com/watch?v=YOHSuwFWz7w
I See A Lot Of Panicking Happening, I’ve Seen People Lose Their Entire Life Savings
It's Friday desk clearing time for this blogger. "The National Association of Realtors’ index of pending home sales fell 5.2% to a reading of 78.9 in March, according to data released on Thursday. On a yearly basis, pending transactions plunged…
We’re Seeing Almost 20% Off
https://www.youtube.com/watch?v=Y5nmVGkr7Dg https://www.youtube.com/watch?v=0NlR_AtBAtw https://www.youtube.com/watch?v=l7IOB5YozIo https://www.youtube.com/watch?v=PvN4ttyLc-E
A Bellwether For The Value Destruction
A report from CBS News. "First Republic Bank's stock price continued to plunge Wednesday. After shedding half their value on Tuesday, First Republic shares tumbled nearly 30% to close at $5.69, with the New York Stock Exchange halting trading in…
Sometimes It’s Best To Cut Your Losses
https://www.youtube.com/watch?v=iGoKLdjxeUE https://www.youtube.com/watch?v=qoIOcQHVxIE
There Is A Bubble To Burst
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
All Those Big Spenders Disappeared
https://www.youtube.com/watch?v=Ep79vs5jvQI https://www.youtube.com/watch?v=9Rug-LBXt30 https://www.youtube.com/watch?v=2CVS6_IXmlQ https://www.youtube.com/watch?v=k19ELExKar8 https://www.youtube.com/watch?v=yldv0RZiSjc
More And More Sellers Are Accepting The Realities Of The Current Market
A report from Sarasota Magazine in Florida. "Not only did Manatee County see the first year-over-year increase in sales since February 2022, but the area also had the first year-over-year decrease in median prices since February 2019. At the end…