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39th Straight Month

39th Straight Month

U.S. home prices hit a new high for the 39th straight month.  Prices have increased 20% over the last year and 38% over the last 2 years. The housing bubble continues.  This will not end well. Hat tip Charlie Bilello/@charliebilello
Are We Past The Peak

Are We Past The Peak

This is good news: “Used Car prices are down 6% over the last 6 months. In 2020, this was one of the first areas to spike higher, in advance of broader inflationary measures. Hopefully, the current downturn is a leading indicator of lower inflation rates to...