...can't emphasise more, important to understand Where We're At....

...can't emphasise more, important to understand Where We're At.

There’s no two ways about this…

https://x.com/GameofTrades_/status/1772315008262881773?s=20

The median price of a new home sold in the US is now down 19% from its peak in October 2022 (from $496,800 to $400,500). After the last housing bubble peak the median new home price fell 22% nationally before bottoming.

https://x.com/charliebilello/status/1772302993456558224?s=20

Issuances of US Treasuries are now at pandemic levels: We saw nearly $7 trillion in gross issuances of US Treasures in just 3 months during 2023.

For the entire year of 2023, a whopping $23 TRILLION in US Treasuries were issued.

US federal debt is rising by $1 trillion every 90 days right now.

US government spending as a percentage of GDP is at World War 2 levels.

Why are Treasury issuances and deficits at record levels if we are on track for a "soft landing?"

https://x.com/KobeissiLetter/status/1772251266208469216?s=20