Fed raises interest rate .75bps

[gnome]

How come my wife never listens to me and I am usually right?

In you, she finally found her Mr. Right, only to discover later his first name was Always.

 

[Goldhedge]

I watched a Jim Willie interview the other night. I think he might be right about a lot but he seems stark raving mad these days.

He does drop some cherry bombs about things that never made the news... pointing one in a certain direction....

 

[dacrunch]

Home Sellers Are Getting Anxious. ‘They Feel Like They Missed the Height of the Market.’

Buyers are calling off their searches as the cost of buying a home increases. That's making people across the country think carefully about putting their homes on the market.

www.yahoo.com

 

[gnome]

MArgin debt tanked again in June. I expect more downside, but upward potential is starting to outweigh downside risk.
Yes, margin is still historically high, but so is the monetary base.

https://wolfstreet.com/2022/07/19/leverage-and-stock-market-events-margin-debt-plunged-9-in-june/