Discover and read the best of Twitter Threads about #housingcrash

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Read the THREAD: Inverse Biden!

💥The Red background is the reality of stock markets in 2023 - year of everything bubble blowing up!

Stocks, Bonds, Derivatives,..
Expect opposite of what he says.

#Recession #Inflation #Depression #CurrencyCrisis #BankingCrisis #housingcrash
19th July, 2021 Biden - There's nobody suggesting there's unchecked inflation on the way, no serious economist

13th January, 2021 My Prediction 7 days before his oath.

Inverse Biden!
March, 2022 Biden - Russia's Ruble will be reduced to rubble

June, 2022 Reality - Russia's ruble hit its strongest level in 7 years despite massive sanctions
Read 5 tweets
1/15 Is the US housing bubble 2.0 about to "pop"? Well, first, we'll note that applications for home purchases are among the best leading indicators for the real estate market - i.e., potential buyers try to get pre-approved for a mortgage, then lock in a rate, and then start...
2/15... house hunting. And, the MBA's Purchase Mortgage Applications Index has dropped to levels not seen since the depths of the COVID lockdowns in Mar. 2020 - while index was up +8.1% this week, it was down -15.6% from a yr ago, which follows last week's 6/3/22 -20.6% YoY fall.
3/15 So, with the MBA Purchase Mortgage Applications Index now at the lows of late 2018, some history on the state of play in 2018 is warranted. That is, we note by Nov 2018 the Fed had been hiking rates for yrs (very slowly), QT was ongoing, & mortgage rates were >5%, which...
Read 15 tweets

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