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Final Look at Local Housing Markets in November and a Look Ahead to
December Sales
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Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local
Housing Markets in November and a Look Ahead to December Sales
A brief excerpt:
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1 hour ago
2 comments:
I'm not a chartist by any means, but those last two quarters are ugly.
Not half so ugly as what next year will bring. This doesn't stop until the war ends, and neither side is likely to quit soon.
Fortunately we've been blessed with a good global harvest this year. Next year we might not be so lucky.
I enjoy looking at charts and making charts, especially economic ones involving trend failures. I think a chart’s often worth at least a thousand words. Unfortunately, a thousand words are often not worth very much at all. lol.
https://despair.com/products/blogging
Here’s what we know with certainty. QQQ was growing exponentially at a fairly consistent pace for about 10 years. The trend failed to the upside recently. It’s now at serious risk of failing to the downside. These are facts.
Here’s an opinion. Get out the popcorn. Could easily be “buy one trend failure at the regular price and get a second one absolutely free.” And who doesn’t like free stuff? You know, like massive stimulus and ZIRP boosting this economy with no consequences at all. Totally free! Didn’t have to pay for any of it. *cringe*
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