Auto insurers are crushing the S&P. I’d fade this.
Sure, there’s extra to auto insurance coverage than the worth of the automotive (bodily damage, and so forth.)
However KBB says new automotive costs are close to a 2-year low, used automobiles down 4% from final 12 months. Tesla slicing costs. pic.twitter.com/39ZxZ57ibN
Inflation adjusted pandemic financial savings are up large time for the higher center class. in % phrases these people that didnt get the 20% raises $15/hr people did. however btwn financial savings and smaller % bumps on MUCH larger base salaries? theyre wonderful pic.twitter.com/vy9ZfxJaTH
Be at liberty to push again on this, however going again 50 years most US recessions performed out as an power value shock adopted by an funding collapse. We had the setup for that in Q2 2022 however that’s lengthy gone, so what’s the factor going to be now?
No matter one insists crypto is – retailer of worth, a declare on scarce digital actual property, a enjoyable spec, a rip-off – since mid-2023 it is traded purely as “The Subsequent Large Factor” together with AI performs.
Fascinating stat from Freddie Mac. Even with increased charges and sticky costs, first-time homebuyers stay the dominant pressure within the for-sale housing market, representing 58.2% of all residence gross sales.
This can be a deflating stat for the conspiracy theorists who proceed to falsely declare… pic.twitter.com/LoYJKtkhWn
‼️NEW DCG POLL‼️ launched at the moment reveals 1 in 5 battleground state voters think about crypto a key subject in 2024 U.S. elections. In a survey performed with @HarrisPoll, swing state voters name for better discourse on digital property from political candidates. (1/4) pic.twitter.com/wdfWOePuUw
Try our t-shirts, espresso mugs, and different swag right here.
Subscribe right here:
Nothing on this weblog constitutes funding recommendation, efficiency knowledge or any suggestion that any specific safety, portfolio of securities, transaction or funding technique is appropriate for any particular individual. Any point out of a selected safety and associated efficiency knowledge just isn’t a suggestion to purchase or promote that safety. Any opinions expressed herein don’t represent or suggest endorsement, sponsorship, or suggestion by Ritholtz Wealth Administration or its staff.
The Compound, Inc., an affiliate of Ritholtz Wealth Administration, obtained compensation from the sponsor of this commercial. Inclusion of such ads doesn’t represent or suggest endorsement, sponsorship or suggestion thereof, or any affiliation therewith, by the Content material Creator or by Ritholtz Wealth Administration or any of its staff. Investing in speculative securities includes the chance of loss. Nothing on this web site ought to be construed as, and might not be utilized in reference to, a suggestion to promote, or a solicitation of a suggestion to purchase or maintain, an curiosity in any safety or funding product.
