Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities May 2026
Home prices fell from peaks in prior years in 28 led by Austin -27% Oakland -26%. AI mania in San Francisco trickled down from “mansion shortage” to mid-tier
https://t.co/EHxV39ftU1
Government Uses Strategic Petroleum Reserve as Cudgel to Beat Down Oil-Price Mania: Worked for Second Time.
A new role for the SPR. It wasn’t designed for that
https://t.co/dhjUNZnAah
US Government Sold $646 billion of Treasury Securities this Week. 2nd Wave of Inflation Approaches 10-Year Treasury Yield
How the long-term Treasury debt grows: Treasury notes & bonds outstanding rose on net by $59 billion this week
https://t.co/b28cDQUB5E
Producer Price Inflation beyond Energy: 6-Month Services PPI, “Core” Goods PPI & “Core” PPI Blow by 6%, Worst since 2022.
The surge in energy costs is bad, but there’s a lot of inflation from other sources
https://t.co/m86KSU4DHp
What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017.
Cut the price, and they will buy. Dealing with the affordability crisis. Sales volume is up, but shares have plunged by nearly 50%
https://t.co/wKJe8Q0zyB