@DannyDayan5 Danny. One issue with raising rates is U.S. Government future interest payments. I think I read interest payments will hit 1.7 trillion this year? What are your thoughts? I think a 1% rate increase could increase interest payments $300 to $400 billion / year
@mortgagetruth@mikesimonsen I also don't know how home prices drop much unless labor, land, and construction costs drop. I was in HD yesterday looking at some items for house repair. In 2018/19 they costs $120. Now it is $190 to $200.
During HB1, we did not have much inflation of construction material
@Econimica@RudyHavenstein Thanks for the chart. I was going to mention that housing took off at the massive QE. The Nikkei did too. There is so much global debt being printed currently. Crazy.
Japan - Interesting graph. House prices bottomed at peak population. Population is trending down but house prices are trending up.
The house prices are not adjusted for inflation.
With global money printing, I just don't see how house prices can drop long term.
@repmick1@profstonge Gen z is seeing a new type of competition for jobs.
Immigrant-origin students—those who were born abroad or born in the U.S. to at least one immigrant parent—make up 32% of all students in U.S. higher education
@PowellLovesMMT So:
The low P/E combines with a ~4.5% dividend yield and total shareholder yield (dividends + buybacks) should return above 7–8%.
Not enough to make people excited?
@PowellLovesMMT Forward PE of 10. Trail is 7%. Plus a 4.75% divy. plus a 4.5% share reduction via buybacks should increases EPS by ~4.7%
Plus 20 billion in divys.
T Should provide a 8% or more return but people want 30% stock gains on Stocks with PEs 30+. lol
@axbkol One example is the city is floating 3 bonds. 6.6 B to build DC. $2 B to build 1GW power plant. $140 B to replace GPUs every 5 years. Total $150 B
Another small city is doing a smaller version of this at $50 B
@axbkol Something i have noticed is small cities are issue bonds and are funding the datacenters? This keeps financing costs low and To avoid property relaxes they are using PILOT.
@WolvesSuperfan@ZaStocks future growth projections were too high and when a lot of their https://t.co/2R17CBo7j1 website customers started going bankrupt, that validated the overstated projections. But big corporations were all in on spending big and transitioning to the internet.