Tuesday, May 24, 2022

New home sales down 16.6% ...

 those signed contracts are feeling the pressure of rising rates

snap plunges 40+%, goes below IPO price ... changes guidance from 44% to < 20%

all advertising platforms will feel the possibility of a recession in next 12 months.

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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.