Realtor.com Reports Active Inventory Up 31.7% YoY; New Listings Up 13.5% YoY
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*What this means:* On a weekly basis, Realtor.com reports the
year-over-year change in active inventory and new listings. On a monthly
basis, they report t...
4 hours ago
3 comments:
I've got naming remorse.
I really should have called myself Stagnationary Mark. Oh well!
Although the price of oil is high, these charts imply that we have a lot more in common with the Great Depression than we have with the 1970s.
But but a gazillion financial products were manufactured in the last decade. OTC derivatives alone manufactured a quadrillion. If industrial production were expanded to include these very valuable "products" it's way positive. Cheer up: with the right metrics it's a Goldilocks economy!
dd,
Yes! Yes, indeed! Very "valuable" products!
Wink, wink. Nudge, nudge.
Have no fear. I'm definitely cheered up. Even if the entire global economy falls apart again, I shall still have this sarcastic memory to cherish, lol.
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