3 years ago

199

TOPICS AND TIMESTAMPS:
China’s Property Depression 0:00
Currency Crisis Below 4:02
Inflation Takes A Toll 5:53

Markets soared, but what was the catalyst? Did you notice?
Stocks have been rising for a month: Anticipation of a Fed Pivot.
No supporting evidence for pivot whatsoever. But this is just based on hope.
If you truly believe and trust the Fed, then it’s time to go all in 100% leverage everything.
If you take a more cautious approach, you must reevaluate the business cycle.

Mortgage demand drops to a 22-year low as higher interest rates and inflation crush homebuyers
Surging inflation and interest rates are hammering American consumers and weighing on the housing market.
Mortgage demand fell last week, hitting the lowest point since 2000, according to the Mortgage Bankers Association.
Buyers have lost considerable purchasing power as rates have almost doubled since earlier this year.On a really, really overly-simplified scale, it’s easy to see how one failing economy could effect the demand of another, while increasing costs on another, and causing a cascade effect throughout the entire world.

In this case, higher energy costs result in higher inflation…higher interest rates…reduced demand…supply chain shocks…and, before you know it...we’re in a global recession.

China’s lack of growth would result in fewer US Exports, less international investment, and less profits for the businesses that we invest in - but, solving the issue isn’t going to happen anytime soon - and, most likely, it’s going to serve as a reminder that - each country will have to adapt for the option of producing their own materials “in house” to avoid future shortages.
The pain in the mortgage market is only getting worse as higher interest rates and inflation hammer American consumers.
Mortgage demand fell more than 6% last week compared with the previous week, hitting the lowest level since 2000, according to the Mortgage Bankers Association’s seasonally adjusted index.
Applications for a mortgage to purchase a home dropped 7% for the week and were 19% lower than the same week in 2021. Buyers have been contending with high prices all year, but with rates almost double what they were in January, they’ve lost considerable purchasing power.

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Sources Used in This Video:
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#chinanews #china #investing

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