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If the US does decline into a train Wreck economy, the USD will still likely go up, or at least stay at its current elevated levels.
Look at history, not economic models.
Mick
If the US does decline into a train Wreck economy, the USD will still likely go up, or at least stay at its current elevated levels.actually i avoided the USD ( as cash ) although several stocks i hold have exposure
i see the US declining into a train-wreck economy
i would rather be buying stuff like beef jerky and rice , what i do though is keep a very low debt exposure ( as assets or liabilities )
the US is heading to a digital currencyIf the US does decline into a train Wreck economy, the USD will still likely go up, or at least stay at its current elevated levels.
Look at history, not economic models.
Mick
mickAccording to appraiser Miller Samuel and brokerage Douglas Elliman Real Estate, effective median rents rose from a year earlier for the 18th straight month in Manhattan as landlords grew less willing to grant concessions and renters desperate to find a home amid dwindling inventory engaged in bidding wars. The median rent rose 10.7% year-over-year to $4,095 in February from $3,700 the same month a year earlier, and down just $2 - yes, two dollars - from January, Bloomberg reported. The median rent peaked at $4,150 in July and has held close to that level ever since, breaking with the market’s traditional pattern for the cooler months, when costs typically drop as competition for apartments eases.
Svb went down. Be interesting to see if the Fed backs off rate rises for a bit.
There's a fair chance.Probably going to pause soon. BoE, Aus and Canada CBers hoping to do the same.
Svb went down. Be interesting to see if the Fed backs off rate rises for a bit.
I tend to agree. It's the depth of the pain that's the real question. I'm just seeing it start to noticeably hit these last two weeks on the street.View attachment 154208
Remember, the stock market is not the economy.
A dude over in WSB described it perfectly:
I love how Wall Street was waiting for job reports. Yet, you’re f***ed either way. Job report comes out stronger than last month then Powell raises interest rates to fight inflation with more pressure. Jobs come out weak then we are heading toward the recession Powell has aimed us for. Which one could possibly be better? Markets probably nosedive either way.
i haven't bought a single thing ( except shares on the stock market ) in the last two weeksI tend to agree. It's the depth of the pain that's the real question. I'm just seeing it start to noticeably hit these last two weeks on the street.
Not sold. Very unconvincing.
Good bit from chris macintosh. Worth the hour.
i haven't bought a single thing ( except shares on the stock market ) in the last two weeks
i had no idea i was that influential
Same. There's a lot of sellers out there that just... *do not* want to admit that the market has turned.I've been low balling used car sellers and real estate agents.
me 3Same. There's a lot of sellers out there that just... *do not* want to admit that the market has turned.
same here and I am both seller and buyerme 3
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