Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Looking at the latest trends, we can see that homebuyers are taking advantage of historically low interest rates. This allows them to carry an extreme amount of debt spread over decades at a fixed cost. Of course, most people don’t take into account that over these decades, the actual amount paid for the home could be more than double the asking price of the home. Either way, people aren’t going to stop taking on more debt. As it grows, it puts additional pressure on the fragile system, and will only be a detriment long term. But hey, who cares, right?
US home prices rise at fastest pace in more than 6 years
US home prices rise at fastest pace in more than 6 years
WASHINGTON (AP) – U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows. That combination of strong demand and limited supply pushed home prices up 7.9% in October compared with 12 months ago, according to Tuesday’s S&P CoreLogic Case-Shiller 20-city home price index.
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Real Estate Optimism Blows Past Pre-Virus Levels in Canada – Bloomberg
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People leaving Hawaii permanently doubled in 2020
US Census Bureau: Hawaii’s population continued to decline
Reasons include the pandemic, high cost of living and the lack of job opportunities.
A Nation’s Economy Divided: Breadlines vs. Bread Makers
https://www.bloomberg.com/features/2020-economic-recovery-inequality/?srnd=premium-canada
LADPH Asks Hollywood to Stop Filming Amid Case Surge
LA County Health Officials Ask Hollywood to ‘Strongly Consider Pausing’ Production Amid Covid-19 Spikes
The Los Angeles County Department of Public Health has asked the entertainment industry to “strongly consider pausing” production for the next couple of weeks due to the surge in coronavirus cases in the state.
Ten Ways Covid-19 Has Changed the World Economy Forever
https://finance.yahoo.com/news/ten-ways-covid-19-changed-000121052.html
Fed, Treasury Provide One-Week Reprieve for ‘Main Street’ Program After Demand Surges – WSJ
https://www.wsj.com/articles/fed-treasury-extend-main-street-lending-program-cutoff-date-to-jan-8-11609258018
Global banks generate record $125bn fee haul in 2020 | Financial Times
Global banks generate record $125bn fee haul in 2020
Capital markets businesses boosted by frenzy of share and debt sales during pandemic
Charles Schwab to Officially Move Headquarters to Denton County on Jan. 1 – NBC 5 Dallas-Fort Worth
Charles Schwab to Officially Move Headquarters to Denton County on Jan. 1
The Charles Schwab headquarters is officially coming to North Texas on Jan. 1.
NFL player to be paid in bitcoin
NFL player to be paid in bitcoin
In May 2019 NFL player Russell Okung tweeted “Pay me in Bitcoin” and now that appears to be happening.
Real estate has been going much higher in many areas in the U.S. as we have seen changes in work habits but also with interest rates. As they continue to drop, we have seen more interest in refinancing, and an increased appetite for debt. Mortgages are growing. Debt is accelerating.
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- The Money GPS: Who Controls the World? These Organizations, Institutions, and Families Run the Show
- The Money GPS: Rothschild and Rockefeller Team Up With the Vatican! Follow the Money…
- The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?
- The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE
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The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”
Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.
The Money GPS on Twitter: “What if the stimulus included more money for people. Is $1200 enough? $2000? Is this going to solve any deep rooted problems? What about the disgraceful 5600 pages filled with billions that have nothing to do with where people actually need help? #StimulusChecks #StimulusBill / Twitter”
What if the stimulus included more money for people. Is $1200 enough? $2000? Is this going to solve any deep rooted problems? What about the disgraceful 5600 pages filled with billions that have nothing to do with where people actually need help? #StimulusChecks #StimulusBill
The Money GPS on Twitter: “We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt / Twitter”
We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt
The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”
IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta
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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
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The Corbett Report: Your Guide to the Great Reset
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They already TOLD you what their new “economy” will be. MORE businesses destroyed, sky high energy costs, and what little you are left with will be consumed in CARBON TAXES to your new communist government. They are telling you to your face now “YOU WILL OWN NOTHING AND BE HAPPY” ~ Neither by consent, conquest or fraud will I EVER peacefully accept communism, and yes, thats what is happening here, a communist coup. There IS NO peaceful solution to a communist takeover… Start getting that in your head. You WILL have to fight for freedom, very soon… The REAL NAZls are… Read more »