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US House Hunting 2023: Struggle is Real!
The housing market is in trouble because people don't want to trade their cheap mortgages for expensive ones, and there aren't enough homes for sale, driving prices up. The Fed's actions during COVID made things worse by flooding the market with mortgage-backed securities.
Watch more of this short video from Bad News For Bears? Market Technicals Are Very Bullish | Sven Henrich.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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