A report from the Post and Courier in South Carolina. "Construction cranes dot the Charleston…
This Post Has 14 Comments
From the first 10:27 video:
The Market Has Changed! Orange County Housing Update + Expert Real Estate Advice (10/06/22)
Tustin Talks
Oct 7, 2022
The second 1:42 video:
The Market Crash You’re Waiting for is Already Here
Tonks Agency Inc
Oct 7, 2022 Everyone is waiting for the market to crash but the large fall in housing prices across the Westside Los Angeles is indicative of the crash already being here.
The third 8 minute video:
What Did The Utah Housing Market Do In September 2022?
Salt Lake City Utah
Oct 7, 2022
The fourth 15 minute video:
What’s going on in the Houston, TX housing market?
Real Estate Road Trips with Luwannah Lamas
Oct 7, 2022
The last 9:38 video:
Active Listings EXPLODE! Nashville Housing Update
Ethan Flynn, CPA | Real Estate
Oct 8, 2022 Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, Nashville Housing Market Update specifically charting daily changes in Davidson/Williamson County ~50% of Nashville MSA.
“Talking like Volcker — with a commitment to hike rates into tumbling markets and rising unemployment — is easy. Walking like Volcker — actually hiking rates when investors are losing money and workers jobs — is hard. So far in 2022, central banks have talked the talk. In the months ahead, we’ll find out if they can also walk the walk.” –Tom Orlik, chief economist.
“A Fed that is laser-focused on bringing down inflation has recently signaled another 150-basis points of rate hikes to come. The significant tightening of financial conditions lately, on concerns about global financial stability, raised the odds that the Fed will downshift the pace of hikes from 75 to 50-basis points in November. We still expect rates will need to reach 5% next year before high inflation can be banished from its radar.”
Wall street howling will resemble a looming root canal surgery.
We still expect rates will need to reach 5% next year before high inflation can be banished from its radar.”
Aren’t rates of 8% or 9% necessary for that?
necessary for that?
To stop inflation, you need to go back in time and not do inflation. Can’t do that?
Europe’s urgent push to reduce energy consumption is prompting changes to daily life as nations look for ways to get by with less heat and less electricity use. Reuters reports the parliament will halt the heating and cooling of its facilities between Thursday evening and Monday morning. Previously, heating has been turned down, but not off, on weekends.
Buildings in Brussels and Strasbourg will also be heated to no more than 19 C and cooled to no less than 25 C, and external illuminations will be limited, according to an email from the parliament’s environmental management service that Reuters cited in its reporting.
In France, swimming pools are being heated less than usual — or not at all. That reality has prompted one open-air pool in suburban Paris to require swimmers wear wetsuits in order to prevent medical emergencies for those unaccustomed to the colder temperatures.
Work From Home might be a requirement in Europe this winter.
Homes don’t require heating?
Homes don’t require heating?
Euros pretty much don’t heat their homes anyway. I have some work meetings on Zoom. During the winter, the WFH Euros wear thick sweaters or light jackets.
They need to shut off ‘big tech’s’ data centers. That may help heat millions of homes.
And ban crypto “mining”. Of course, the new power fees will make that unfeasible.
What Bloomberg Economics Says: “When foreign finance ministers and central bankers gather in Washington for the World Bank-IMF meetings in the coming week, many may claim the rest of the world can’t afford any further Fed hikes.”
Yep. Those elves are going to be really upset when we buy their schitt, that cost them more to produce, with stronger dollars.
Nicola has lost £550k. Should the bank have done more to stop her?
The Times|1 day ago
Nicola Claxton feels stupid, depressed and ashamed after falling victim to the high-pressure sales tactics of a financial adviser and a scammer
From the first 10:27 video:
The Market Has Changed! Orange County Housing Update + Expert Real Estate Advice (10/06/22)
Tustin Talks
Oct 7, 2022
The second 1:42 video:
The Market Crash You’re Waiting for is Already Here
Tonks Agency Inc
Oct 7, 2022 Everyone is waiting for the market to crash but the large fall in housing prices across the Westside Los Angeles is indicative of the crash already being here.
The third 8 minute video:
What Did The Utah Housing Market Do In September 2022?
Salt Lake City Utah
Oct 7, 2022
The fourth 15 minute video:
What’s going on in the Houston, TX housing market?
Real Estate Road Trips with Luwannah Lamas
Oct 7, 2022
The last 9:38 video:
Active Listings EXPLODE! Nashville Housing Update
Ethan Flynn, CPA | Real Estate
Oct 8, 2022 Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, Nashville Housing Market Update specifically charting daily changes in Davidson/Williamson County ~50% of Nashville MSA.
“Talking like Volcker — with a commitment to hike rates into tumbling markets and rising unemployment — is easy. Walking like Volcker — actually hiking rates when investors are losing money and workers jobs — is hard. So far in 2022, central banks have talked the talk. In the months ahead, we’ll find out if they can also walk the walk.” –Tom Orlik, chief economist.
https://ca.news.yahoo.com/central-banks-plow-hiking-rates-063000372.html
“A Fed that is laser-focused on bringing down inflation has recently signaled another 150-basis points of rate hikes to come. The significant tightening of financial conditions lately, on concerns about global financial stability, raised the odds that the Fed will downshift the pace of hikes from 75 to 50-basis points in November. We still expect rates will need to reach 5% next year before high inflation can be banished from its radar.”
Wall street howling will resemble a looming root canal surgery.
We still expect rates will need to reach 5% next year before high inflation can be banished from its radar.”
Aren’t rates of 8% or 9% necessary for that?
necessary for that?
To stop inflation, you need to go back in time and not do inflation. Can’t do that?
Europe’s urgent push to reduce energy consumption is prompting changes to daily life as nations look for ways to get by with less heat and less electricity use. Reuters reports the parliament will halt the heating and cooling of its facilities between Thursday evening and Monday morning. Previously, heating has been turned down, but not off, on weekends.
Buildings in Brussels and Strasbourg will also be heated to no more than 19 C and cooled to no less than 25 C, and external illuminations will be limited, according to an email from the parliament’s environmental management service that Reuters cited in its reporting.
In France, swimming pools are being heated less than usual — or not at all. That reality has prompted one open-air pool in suburban Paris to require swimmers wear wetsuits in order to prevent medical emergencies for those unaccustomed to the colder temperatures.
https://www.msn.com/en-ca/news/canada/shorter-showers-and-less-time-in-the-sauna-as-europeans-cut-back-on-energy-use/ar-AA12JUEO
Work From Home might be a requirement in Europe this winter.
Homes don’t require heating?
Homes don’t require heating?
Euros pretty much don’t heat their homes anyway. I have some work meetings on Zoom. During the winter, the WFH Euros wear thick sweaters or light jackets.
They need to shut off ‘big tech’s’ data centers. That may help heat millions of homes.
And ban crypto “mining”. Of course, the new power fees will make that unfeasible.
What Bloomberg Economics Says: “When foreign finance ministers and central bankers gather in Washington for the World Bank-IMF meetings in the coming week, many may claim the rest of the world can’t afford any further Fed hikes.”
https://www.swissinfo.ch/eng/bloomberg/danger-of–4-trillion-hole-in-world-outlook-haunts-imf–eco-week/47965004
I think I hear the little feets stamping!
“I think I hear the little feets stamping!”
Yep. Those elves are going to be really upset when we buy their schitt, that cost them more to produce, with stronger dollars.
Nicola has lost £550k. Should the bank have done more to stop her?
The Times|1 day ago
Nicola Claxton feels stupid, depressed and ashamed after falling victim to the high-pressure sales tactics of a financial adviser and a scammer