BREAKING: International equity funds attracted +$17 billion in net inflows last week, the 2nd-highest on record.
This is more than DOUBLE the average seen in 2025.
As a result, the 4-week moving average of inflows is up to a record $65 billion.
This was particularly driven by South Korean funds, followed by Japan.
Investors poured +$18 billion into Korean equities over the last 6 weeks, the most on record.
Investors are rushing into international stocks at an unprecedented pace.
$BTC is still holding above the $65,000-$66,000 support zone.
This level needs to hold; otherwise, the chances of deeper correction will increase.
To the upside, if Bitcoin reclaims the $70,000 level, it could rally 8%-10% really quickly.
US housing affordability is near historic lows:
The US home price to median household income ratio is now at 7.0x, near an all-time high.
In other words, it would now take 7 years of median household income to buy the average single-family home in the US.
This ratio now even exceeds the 2006 housing bubble peak of 6.8x.
By comparison, in 2000, home prices were 4.3x higher than the median annual household income.
As a result, the average first-time homebuyer is now a record 40 years old.
Homeownership is becoming increasingly out of reach.