Housing Affordability Index Drops To Lowest Rate Since 1989, Still Way Too High Authored by Mike Shedlock via MishTalk.com, The National Association of Realtors says “affordability” dropped to 98.5 in June, the lowest since 1989. ...

Here’s Where Most Homeowners Are Considered Equity-Rich Nearly half of U.S. mortgage payers own at least 50 percent equity, according to ATTOM’s Q2 2022 Home Equity & Underwater Report. This means that the balance of loans taken out ...

‘Inflation Reduction Act’ Would Make IRS Among The Largest Govt Agencies Authored by Jazz Shaw via HotAir (emphasis ours), Tucked away in the hilariously-named “Inflation Reduction Act” that Joe Manchin has been working on with ...

Rogan Slams Biden Admin For “Gaslighting” Americans About Recession Having seen the mainstream media rush to defend a clearly weakening economy, closing the ‘Overton Window’ on any mention of the ‘r-word’ – to the extent ...

JPM Says 75bp Hike In September Now “Looks Likely” With Goldman Still At 50bp According to superficial reads of today’s jobs report (which however are sorely lacking for reasons we explained earlier), the July jobs ...

Goldman Turns Bearish: The Bottom Is Not In Yet And The Higher This Rally Goes, The Greater The Fall Earlier today we said that JPM’s 7th and unstated reason why the rally would continue is ...

A Market Bottom Will Need More Cuts To Estimates By Michael Msika and Sagarika Jaisinghani, Bloomberg markets live commentators and reporters The rally in stocks since June’s low has been built on shaky foundations and, ...