Simply stated, to live in a nice and safe part of the country, you have to be doing exceptionally well in order to afford to buy a house. (Side note: a tiny cottage with no lot about a block from my house just sold for $3 million).
The Housing Gap
Monday Musings
They Tried Harder
Remember how Avis Budget Group went up about 700% in just a few weeks earlier this year? To this day, I have NO idea what anyone was thinking. Did it become a meme stock? Was there a rumor everyone would start renting cars every day? It’s insane. I could understand this from a biotech company that cured cancer, but……….rental cars?
People are insane.
Fourth Turning Update
Support Levels for Gold
My prediction that gold would grind its way down to $4,000 before stabilizing has just about been realized, but I do wonder if there isn’t farther to go. Looking at GLD, I see three levels of support. The first is the dashed green horizontal, representing the most proximal gap breakout.
