US 30-year mortgage rates kept rising this week. As a result, refinancing activity declined further, falling almost 40% below the same period last year.

🇺🇸 US 30-Year Mortgage Rates Around 7% Add Pressure on Refinancing
*US 30-year #mortgage rates kept rising this week. As a result, #refinancing activity declined further, falling almost 40% ⚠ below the same period last year.   https://t.co/J9nzYtYaqg

— Christophe Barraud🛢🐳 (@C_Barraud) July 15, 2023

A major reason why used car supply is at historic lows: Lease return rates have plummeted 83% over the past 3 years

A major reason why used car supply is at historic lows:

Lease return rates have plummeted 83% over the past 3 years.

No lease returns = no used cars to sell

— CarDealershipGuy (@GuyDealership) July 10, 2023

Used car prices will drop markedly in coming months in the CPI, helping core inflation materially lower!

Used car prices will drop markedly in coming months in the CPI, helping core inflation materially lower! Must watch..

9 charts on US inflation here -> https://t.co/YlcwyvrROH pic.twitter.com/ezKD4OepYL

— AndreasStenoLarsen (@AndreasSteno) July 10, 2023

Markets show the worst returns in the first 3 months of a rising unemployment rate pic. Higher unemployment rate = Lower spending

Higher unemployment rate = Lower spending

Markets show the worst returns in the first 3 months of a rising unemployment rate pic.twitter.com/KS5Unjk4eS

— Game of Trades (@GameofTrades_) July 5, 2023

SANCTIONS DON'T WORK . . .

And the U.S. knows that.  This means that they are using sanctions not to hurt the purported targets of the sanctions but they're hurting and destroying the standard of living of Americans.  Because we end up paying more for fuel.

Kek https://t.co/7FOGmigqMA

— Tom Luongo (Head Sneetch) (@TFL1728) July 3, 2023