[vtsnowedin]

Yes I'm up 17.5% for the month or looking at the two year graph level with where I was in July 2021. But that is a little erroneous as I cashed out $3000 for a down payment on the wife's car.
I'm doing good at not panic selling during the recent downturns but have stopped adding new cash as inflation has reduced what I have available.
Going forward I'm going to concentrate on blue chip companies that pay good dividends. Currently I'm getting $365 a year or a dollar a day.

[Armageddon]

Home sales are now down 32% this year making this the worst year for home sales since 2008.

In October alone, home sales fell by 5.9%, marking the 9th straight monthly decline.


There’s that 2008-2009 reference again.

[Armageddon]

U.S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin

Good luck with that

[vtsnowedin]

$this->bbcode_second_pass_quote('Armageddon', 'U').S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin

Good luck with that

[yellowcanoe]

$this->bbcode_second_pass_quote('Armageddon', 'U').S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin

Good luck with that

[vtsnowedin]

$this->bbcode_second_pass_quote('yellowcanoe', '')$this->bbcode_second_pass_quote('Armageddon', 'U').S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin

Good luck with that

[Armageddon]

I have a solution. Let’s drop rates to zero and print trillions.

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')There’s that 2008-2009 reference again.

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'U').S. homebuyer must now earn $107,281 to afford typical $2,682 monthly mortgage payment, up 45.6% from $73,668 a year ago per @Redfin
Good luck with that

[Armageddon]

1. Housing market falling at fastest pace since 2008

2. Tech layoffs above 2001 levels

3. Credit card debt near $1 trillion for first time

4. Crypto and FTX collapse mark $2 trillion+ in losses

5. Consumer confidence at all time low


Lookin good

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')Lookin good

[Armageddon]

The personal savings of Americans have plunged to $629 billion in the second quarter of 2022.

In the second quarter of 2021, they had $1.98 trillion.

Damn

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'T')he personal savings of Americans have plunged to $629 billion in the second quarter of 2022.
In the second quarter of 2021, they had $1.98 trillion.
Damn

[Armageddon]

The FED has doubled its balance sheet since 2020 & total US nonfinancial credit is up 50% to 67.6 trillion. The Fed has raised interest rates 375 basis points in just 8 months...We have never witnessed such an obvious recipe for policy disaster!

[vtsnowedin]

Is not the question "what shape the economy will be in in two years"? And after that if a opposing administration comes into power can they fix the problem and how long will it take to fix it.

[Armageddon]

China has sold $121.2 billion in U.S. debt between the end of February to September.

We now have “mystery buyers” stockpiling gold at record speed.

Do you really think this is a mystery?

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'W')e have never witnessed such an obvious recipe for policy disaster!

[AdamB]

$this->bbcode_second_pass_quote('vtsnowedin', 'A')nd after that if a opposing administration comes into power can they fix the problem and how long will it take to fix it.

[Armageddon]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', 'W')e have never witnessed such an obvious recipe for policy disaster!

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')Read it slower and maybe 3 more times to comprehend it since you missed it.