@WaveRiderABC Targetโs typical shopper is a millennial mom ($80k salary). They epically fโed up on the woke propaganda. The moms I know have already boycotted @Target this week & I think it can continue to bleed if they donโt damage control. The chart is oversold but this topic is sensitive.
๐ฉ๐ก CARES Act Mortgage Forbearance Program will end this month in May 2023.
8.5M borrowers have exited the plan in March with a remaining 200K FHA/VA loans still in forbearance.
COVID-19 mortgage forbearance is a program that allows homeowners to temporarily pause or reduce..
Bill Bymel of First Lien Capital said he knows of large mortgage servicers with tens of thousands of foreclosures being held back in fear of the headlines that might result.
โThereโs more skeletons in the forbearance closet than we think.โ
๐ฉ A 12% Boost in Supply of homes.
4. Possible foreclosure: If a homeowner is unable to make their mortgage payments even after receiving forbearance, they could face foreclosure.
๐จThis can have a huge impact on GDP in the coming months ๐จ
Q4 2022: US GDP 2.6%
Q1 2023: US GDP 1.1%
Q2 2023: my guess is ๐ป
@Cobratate I donโt know much about Andrew Tate and all the controversy around him, but he does make valid points and this rant is f*ucking FACTS! Majority of crypto is a scam ๐๐ผ
$DXY continues to push through
Foreign buying of U.S. Treasuries in March rose to its highest level in more than two years.
Holdings of U.S. Treasuries rose to $7.573 trillion in March, up roughly $230 billion from $7.343 trillion in the previous month.
FED chair Powell will raise rates 25bps in May.
Rising interest rates increase short term US bond purchase (US debt) as a safe investment and in return strengthens the DOLLAR
๐ Raise rates to tame inflation
๐ Raise rates to challenge BRICS
$DXY ๐ ๐คซ
๐ฉ๐ก CARES Act Mortgage Forbearance Program will end this month in May 2023.
8.5M borrowers have exited the plan in March with a remaining 200K FHA/VA loans still in forbearance.
COVID-19 mortgage forbearance is a program that allows homeowners to temporarily pause or reduce..
$BTC
OK hear me out.. I know this looks like a Head & Shoulder and it fits the description BUT a long legged doji at the bottom of trend, that usually turns bullish. Also a falling wedge on $mara.
Bitcoin might have more gas in the tankโ possibly a wider distribution period.