At 8% mortgages, you're basically giving the bank long-term stock returns with a collateralized asset to seize
Pretty absurd. Other than luxury areas, don't see how anyone can justify buying now
This really has to be the dumbest recession in American history.
All because 1 geriatric man is stubbornly holding onto universally debunked 1800s economic theories.
Neil deGrass Tyson: "How sad it must be believing that scientists, historians, scholars, economists, journalists would devote their entire lives to deceiving you, but a con man proven in court to be a lying felon is your beacon of truth & honesty"
BREAKING: July PCE inflation, the Fed's preferred inflation measure, rises to 2.6%, in-line with expectations of 2.6%.
Core PCE inflation rises to 2.9%, in-line with expectations of 2.9%.
Core PCE inflation is now at its highest since February 2025.
Yet, rate cuts are coming.
The most important chart you'll read today:
Why is President Trump's attempt to fire Fed Governor Cook so pivotal?
Because, it would give Trump-appointed Fed Governors the MAJORITY on the Fed board.
4 of 7 Fed Governors, excluding Fed Chair Powell, would be Trump-appointed.
This would materially increase the the number of rate cuts ahead.
As President Trump calls for 300 bps of rate cuts, this case will be pivotal.
Never in Fed history has this happened.
@DVSignals isn’t it if you take a fib from the previous high on the left down to the bottom of the cup and price exceeds the .5 fib anywhere inside the cup it becomes invalid?
The people who threw rocks at Ruby Bridges for trying to go to school are now upset their grandchildren might learn about them throwing rocks at Ruby Bridges.
Some of those people who threw rocks are still alive.
@rnewton7777 a lot of us are gonna miss your videos. i haven’t watched since the last earnings report but your videos were always more than just gamestop. you left everyone with something to think about outside of GME you’re a good man take care hopefully we hear from you in the future