Happy Father’s Day, Creative Solutions, Inflation update
Happy Father’s Day! Don’t forget that you can buy a home for your Dad to live in, and get the same rate and terms as if you were purchasing a primary for yourself! Mortgage Rates – improved this week as the price of Mortgaged Backed securities almost hit 30-day highs in response to favorable inflation […]
Dollar Stores, Jobs Report, and Bank Deregulation?
Positive Forecast – while many companies and shoppers are tightening their budgets and lowering their forecasts, Dollar General is expecting increased sales. Sales are up 2.4% from Feb-April year over year. Historically, dollar stores thrive during tough economic times and Dollar General is forecasting 3.7% – 4.7% growth in net sales (even in light of […]
FHFA Privatization? Apartment Rents, Inflation, and Home Values
Will Fannie and Freddie (FHFA) go back to being private companies? Established 17 years ago with the Housing and Economic Recovery act of 2008, Fannie and Freddie were put into government conservatorship (essentially bankruptcy) which no longer allowed them to retain profits. The government also guarantees these mortgages, which make them attractive for large secondary […]
$TRUMP, Consumer Debt, Consumer Sentiment
$TRUMP Coin is currently priced at $13.00, with 200M coins in circulation. Since its launch, right before inauguration, the Trump team has profited over $300M. With an estimated 800M coins left to release there is a potential of over $10B in profit. What’s the value in this coin? Like all meme coins, the value is […]
Gulf Trip, Inflation Reports, Rents Update
Gulf Tour – Here are the highlights from the gulf tour in addition to the $400M ‘flying palace‘ – UAE to import 500,000 of Nvidia’s AI Chips. UAE committed to $1.4T investment framework in US sectors – Sanctions have been lifted on Syria after 42 years, shocking our own sanction officials. – Iran offered a […]
Dollar Standard, Mortgage Rates, Home Values, Tariffs
Dollar Standard – for decades the dollar has been the world’s dependable financial standard with nearly 90% of all foreign exchange transactions making it the world’s ‘reserve currency’. When Tariffs were announced last month, a phenomenon happened where the stock market crashed, and money did not go into US Treasury bonds, causing many economists to […]
OIRA? Rate, Inflation, and Retail Sales Update
OIRA – The Office of Information and Regulatory Affairs, heard of? Me neither. It is an office with the Office of Management and Budget and it oversees government agencies including, Homeland security, State Department, Small Business Administration, EPA and the commerce department. It helps improve communication while minimizing conflicts and duplications. As part of the […]
Tariffs, Manufacturing Index, Jobs Report
Tariffs on Wednesday the President unveiled new tariffs on imports to the US starting with a baseline of 10%. The method for the reciprocal tariffs was determined not by matching the percentage other countries are charging us but by taking our trade deficit with the country and dividing it by how much we import from […]
Diamond Markets, Home Values, and Fed’s Favorite Inflation Index
Diamond Prices on lab-grown diamonds are way down, and they aren’t fakes. Recent technology has made it so you can easily ‘grow’ diamonds. You can now purchase a one carat diamond with perfect quality (real diamond) for a wholesale price of $100. If you go to Alibaba, you can purchase them for $120-$150. In fact, […]
Who’s the Global Trade Ref? Fed and Home Sales Update
Who Referee’s World Trade? There is a Global mediator of sorts, the World Trade Organization, but it is essentially a lame duck. The US has been blocking it, and this goes back to the Obama administration. The WTO was founded by global agreement back in 1995 with the goal of having countries follow the same […]