2 ms·
I don't gamble. I'll come back to this in October to say I told you so. On housing: https://wolfstreet.com/2022/04/27/mortgage-volume-gets-crushed-by-spiking
by FollowingTheDao 5y ago
I don't gamble.
I'll come back to this in October to say I told you so.
On housing:
https://wolfstreet.com/2022/04/27/mortgage-volume-gets-crushed-by-spiking-interest-rates-what-it-means-for-future-home-sales-and-consumer-spending/ https://wolfstreet.com/2022/04/27/mortgage-volume-gets-crush...
- BaseballPhysics 5y agoIf you're absolutely certain there will be a recession or depression in the summer, shorting the market isn't gambling, it's smart investing. You're advising people to sell their homes based on this information you claim to have. If you're not willing to trade on this claim, why should anyone else?
- FollowingTheDao 5y agoConsider that tip free. If you want to know why you can always pay me.
- beej71 5y agoWhat Baseballphysics is saying here is that you can often value a prediction by how much money the prognosticator is putting on the line.
- FollowingTheDao 5y agoYou need money in the first place to do that. Can a guy just be kind? More news you can use! https://www.detroitnews.com/story/business/2022/04/25/rocket-mortgage-trim-workforce-home-loan-market-shrinks/7445270001/ https://www.detroitnews.com/story/business/2022/04/25/rocket...