Trump promised in 2024 to get mortgage rates "back down to 3%." They're 7.11% today. The only thing that went back down was home sales, all the way to 2010.
@DeItaone In 2023 Goolsbee said "I feel like we're on that golden path." Three years later he admits the Fed is failing on inflation. Golden path, wrong direction.
@PeterSchiff NAR's chief economist said last November home sales would jump 14% in 2026, calling it "the year that we will see a measurable increase in sales." They just hit their lowest since 2010. Measure that.
Anthropic's CEO said AI could wipe out half of entry-level white-collar jobs. Now he wants those same people to buy his IPO. First he takes your job, then he takes your savings.
Trump says 'we've got their Strait!' Tankers still need Navy escorts and pay about 10x pre-war insurance to get through it. If that's winning, I'd hate to see what losing costs.
Markets now price a 100% chance the Fed hikes in December with the 10-year at 5%. They called inflation "transitory" in 2021. Turns out the only transitory thing was their credibility.
@unusual_whales 70% of Americans cut dining out and streaming, and D.C. is still debating whether people "feel" inflation. That's a lifeguard asking a drowning man if he's sure about the water temperature.
@DeItaone I'll be so glad when were done with this blatant ass market manipulation through social media and I hope that he and his family get prosecuted for everything that they've got once his term ends.
Corrupt motherfuckers.