Median home sales prices YoY has plummeted to levels near 0. A contraction in this metric tends to occur before or during a recession

Median home sales prices YoY has plummeted to levels near 0

A contraction in this metric tends to occur before or during a recession pic.twitter.com/MZAYTXH8fk

— Game of Trades (@GameofTrades_) June 29, 2023

1-year yield: 5.4%. That's the highest level since Dec. 2000

 

1 year yield 5.4%.
That's the highest level since, wait for it, Dec 2000. pic.twitter.com/8KUbGUyr4r

— Sven Henrich (@NorthmanTrader) June 29, 2023

In 1982, 53% of 30-year-olds owned a home In 2022, 33% of 30-year-olds own a home The cost of economic policies in our country is increasingly burdening our young-

“The American Dream” https://t.co/SN90NDauQR

— Danielle DiMartino Booth (@DiMartinoBooth) June 29, 2023

Ford lost $34,000 on every EV sold in 2022.

.@Ford lost $34,000 on every EV sold in 2022.

Now the losses are resulting in mass layoffs.

EVs and the taxpayer-subsidized industrial policy that mandates them is an unmitigated disaster. @pwrhungry https://t.co/VlxK2OsHnI

— Steve Milloy (@JunkScience) June 27, 2023

CANADA vs. U.S.A., POPULATION GROWTH YOY FROM 1965 TO NOW

Kind of makes you wonder what kind of incentives was the Canadian government offering foreigners. 

I’m the product of Italian immigrants. Hard to fathom this chart. https://t.co/ZQayX3IjhT

— Danielle DiMartino Booth (@DiMartinoBooth) June 27, 2023

Mortgage Payments To Go Up By 40% as most mortgages adjust automatically with higher rates.🚨🚨🚨 Most countries don’t have 30 year fixed rate mortgages like the USA. Most countries have 5 years before rate adjusts.

Canadian Housing Crash?

Mortgage Payments To Go Up By 40% as most mortgages adjust automatically with higher rates.🚨🚨🚨

Most countries don’t have 30 year fixed rate mortgages like the USA. Most countries have 5 years before rate adjusts.

🔊 pic.twitter.com/gPFKT4sezS

— Wall Street Silver (@WallStreetSilv) June 26, 2023

9 U.S. States with no income tax

 9 U.S. States with no income tax:

Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming, New Hampshire, Washington.

But what about cost of living for each state?  

"In Canada the average home price is $750k, and you need an income of $180k to qualify." Oh, so just like in the U.S.

In Canada the average home price is $750k, and you need an income of $180k to qualify.

That's the top 10% of earners in the country can afford the average house 🚨🚨🚨 pic.twitter.com/J0KPNQk6Sx

— Wall Street Silver (@WallStreetSilv) June 24, 2023

Unemployment rate rises after yield curve inversions

Unemployment rate rises after yield curve inversions

This time is not different pic.twitter.com/tEEPyWTe2O

— Game of Trades (@GameofTrades_) June 21, 2023

62% of US mortgage holders have a rate below 4% and 92% have a rate below 6%. With current mortgage rates at close to 7%, many existing homeowners are staying put, leading to a shortage of homes for sale.

62% of US mortgage holders have a rate below 4% and 92% have a rate below 6%. With current mortgage rates at close to 7%, many existing homeowners are staying put, leading to a shortage of homes for sale. pic.twitter.com/4Y7az47Nk0

— Charlie Bilello (@charliebilello) June 14, 2023

Fastest Shrinking Jobs in the Service Industry. 335,700 Cashier Jobs Lost

No wonder fewer and fewer restaurants are available.  Now, its food trucks, of which many are quite good.  So we'll have to trade the charms of indoor dining with standing outside a food truck munching on tacos?   

Services No Longer Required: America's Fastest-Shrinking Jobs https://t.co/VUdAO0t401

— zerohedge (@zerohedge) June 9, 2023

…and chemicals are THE most leading economic indicator.

Had no idea.  Makes sense, but that's the first time I'd seen or heard that.

Chemicals are made from petroleum and natural gas. So are plastics and fertilizer.

— Van Landingham Beach Rental Maintenance (@VanAccy) June 9, 2023

49% of those earnings more than six figures have reported living paycheck to paycheck, a jump from last year’s 42%, per CNBC.

49% of those earnings more than six figures have reported living paycheck to paycheck, a jump from last year’s 42%, per CNBC.

— unusual_whales (@unusual_whales) June 1, 2023