I have been crucified with Christ, and it is no longer I who live, but Christ lives in me. And the life which I now live in the flesh I live by faith in the Son of God, who loved me and gave Himself up for me.
Galatians 2:20
80% of the $SPX is in the red with an average decline of -1.26%, yet you'd barely notice by looking at the surface level.
Another textbook example of market cap distortion in a top-heavy index.
Let no corrupt communication proceed out of your mouth, but that which is good to the use of edifying, that it may minister grace to the hearers. Ephesians 4:29
The housing market has never been this unaffordable in U.S. history.
With inflation-adjusted home prices setting a record over the last three years.
We're now in the biggest housing bubble of all-time, and the only period that came close was 2006, before the big crash.
Many people like to tell you "home values will never drop". But those people conveniently don't show you this graph.
There is no historical precedent for how expensive today's housing market it is.
And homebuyers know it.