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It’s Hammer Time

Markets In Meltdown As ‘Economic Hurricane’ Slams Into The Consumer

That Was Fast: 30-Year Fixed Mortgage Rate Spikes to 6.18%, 10-Year Treasury Yield to 3.43%. Home Sellers Face New Reality
Gear up for the housing correction: 5 charts of pain
Treasury Bonds Plunge, Yields Spike amid Stock & Crypto Mess
All hell breaks loose as stocks plunge into bear market
Luxury-Homes sales plunge 18% amid interest rate shock
Bitcoin tumbles to 18-month low after latest DeFi lender blowup
Largest US pork packer closing California plant, high costs, red tape
Major Networks censor covering attempted murder of supreme court justice
Why I’m 99% certain Justin Bieber’s paralysis caused by vax

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This entry was posted in Uncategorized and tagged Consumer, Recession on June 13, 2022 by Bone Fish.

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← Housing Bubble Getting Ready to Pop: Mortgage Applications to Purchase a Home Drop to Lockdown Lows, “Bad Time to Buy” Hits Record amid Sky-High Prices, Spiking Mortgage Rates Game Over, They’re Pulling the Plug – Bill Holter →

Easy Money is a non-monetized apolitical hobby blog featuring re-posted material. No claims on the property rights of others are made. Difficult is the way. Narrow is the gate. No one is coming to save you. Everything is your responsibility. Salvation waits on the other side of fear. Get your house in order. LET’S WIN!

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Pay attention to the DYX, WTI and specifically the US10Y. Generally, a weaker DXY with crude higher and a stable US10Y is BULLISH for the stock market. Conversely, a stronger DXY, lower WTI and a dropping US10Y is BEARISH for the stock market.

US10Y X DYX / 1.61 = X Factor. Low X Factor = RISK ON, a high X Factor = RISK OFF.

2022 Loan Limit pdf ($647,200, $970,800)
SB: $783,150, SLO: $805K, VTA: $851K

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