Found this TikTok video from a truck driver on Twitter: Brian w/ an i on Twitter: “I actually see this as a win. Food shortages cause revolutions and there’s no other way outta this mess. pic.twitter.com/RlIVdIaqKu / Twitter” I actually see this as a win. Food shortages cause revolutions and there’s no other way outta … Read more
This topic likely deserves far more detailed treatment. But I thought I’d park a couple of thoughts here, maybe to be revisited in the future. Wall Street Journal points out that “If Russian Currency Reserves Aren’t Really Money, the World Is in for a Shock.” I was getting ready to put on my doomsayer robes … Read more
With the news that the West (particularly the US) has banned Russia and Russian banks from the SWIFT system, it seems fairly obvious that Russia got orangepilled hard. Blockworks has a post up about how Russia thought it had $600 billion in foreign reserves… until it didn’t. And a lot of rich Russians thought they … Read more
CoreLogic released January home price numbers and… well… crypto ain’t the only thing going to the moon: Home prices nationwide, including distressed sales, increased year over year by 19.1% in January 2022 compared with January 2021. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with December 2021 (revisions with public … Read more
From Attom: Total mortgages drop at fastest pace in three years Banks and other lenders issued 3,266,907 residential mortgages in the fourth quarter of 2021. That was down 10.7 percent from 3,656,892 in third quarter of 2021 and down 13.5 percent from 3,775,894 in the fourth quarter of 2020. The quarterly and annual declines were … Read more
This is going to be a slightly different kind of a Quick Take. I stopped by the RE/MAX R4 Convention, and then took off to speak at the OREA REality conference in Niagara Falls, so frankly, I did not have a lot of time for writing. Instead, I wanted to share some quick takes kind … Read more
I missed last week’s Quick Takes; mea culpa. I believe I was in the air somewhere over Louisiana when I realized. So we’ll just have to catch up on two weeks’ worth of stuff. Notorious TL;DR It’s been a busy couple of weeks since the last Quick Take, as public companies started reporting earnings. But … Read more
It says something about the world we live in when a work of fiction makes a lot more sense than the news headlines. If you haven’t watched Succession on HBO (or Amazon), it’s worth a look. In any case, let’s look at the week that was. Notorious TL;DR For all you VIP members, there were … Read more
Well, I know the date says February 2, 2020 but… that was the Superbowl last night. So it’s going out the day after the historic victory by the Kansas City Chiefs and future Hall of Famer Andy Reid. Notorious TL;DR Since last week was Inman week, not a lot of writing or podcasting got done. … Read more