π¨ HUMILIATING:
This video of Trump saying he's surprised Biden put in Powell as Fed Chair while a video of Trump nominating Powell HIMSELF plays below is going viral.
Share this video of Trump's mental decline because the media won't. They're too busy giving wall-to-wall
I don't know when consumers crack, but signs of debt service pressures are evident in the flow of incomes. The quantity of income going to savings by households has flattened the past 2+ years as non-mortgage debt service has risen ~50% in nominal terms. This excludes mortgages.
Single-Family Home Sales Drop Below 1995, Supply Highest since 2016. Condo Sales at Low in the Data, Supply at Housing Bust Level.
After the price explosion comes the hangover.
wolfstreet.com/2025/07/23/sinβ¦
Single-Family Home Sales Drop Below 1995, Supply Highest since 2016. Condo Sales at Low in the Data, Supply at Housing Bust Level
wolfstreet.com/2025/07/23/sinβ¦
The Volatility crush continues.
VIX slips 16 and is at its lowest post since February.
The spot VIX -nearby futures contract spread slips to -2.9 points.
The nearby VIX futures contract and next contract spread is -1.9 points (lowest since August)
#Bitcoin closed above the 21 weekly EMA. This week coming will be important. The #VIX is still elevated this morning up at 20.23, could be a crazy day. Smaller position sizes in high vol