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🔥
Biden falls off his bike.
So fake.
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🔥🔥
The Second Horseman: Civil War
🔥
It’s going to be Biblical.
@luvinthisapp
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Housing Crash Imminent
– 30Y mortgage rates soaring at the fastest pace on record to above 6%
– Levels last seen just before the housing bubble burst
– The average mortgage payment on a median mortgage up by almost $800 in just the past 6 months
– Making housing the most unaffordable in history
– Sending new home sales plunging at the fastest pace since the peak of the covid crisishttps://www.zerohedge.com/economics/housing-crash-imminent-mortgage-rates-explode-price-cuts-soar-and-buyer-demand-collapses
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The infamous “Bullwhip effect” reversal is about to take place amongst a broad range of US retailers.
A “bullwhip” or whiplash effect – violent swings in availability of goods until an equilibrium is eventually established
Current Inventory-to-Sales ratio amongst retailers are the highest levels since the bursting of the dot com bubble.
The Walmarts and Targets of the world are about to see a deflationary plunge the likes of which we have not seen since the global financial crisis as retailers commence a voluntary destocking wave the likes of which have not been seen in over a decade.
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