Inflation adjusted pandemic savings are up big time for the upper middle class. in % terms these folks that didnt get the 20% raises $15/hr folks did. but btwn savings and smaller % bumps on MUCH bigger base salaries? theyre fine pic.twitter.com/vy9ZfxJaTH
Feel free to push back on this, but going back 50 years most US recessions played out as an energy price shock followed by an investment collapse. We had the setup for that in Q2 2022 but that’s long gone, so what’s the thing going to be now?
Whatever one insists crypto is – store of value, a claim on scarce digital real estate, a fun spec, a scam – since mid-2023 it’s traded purely as “The Next Big Thing” along with AI plays.
Interesting stat from Freddie Mac. Even with higher rates and sticky prices, first-time homebuyers remain the dominant force in the for-sale housing market, representing 58.2% of all home sales.
This is a deflating stat for the conspiracy theorists who continue to falsely claim… pic.twitter.com/LoYJKtkhWn
‼️NEW DCG POLL‼️ released today reveals 1 in 5 battleground state voters consider crypto a key issue in 2024 U.S. elections. In a survey conducted with @HarrisPoll, swing state voters call for greater discourse on digital assets from political candidates. (1/4) pic.twitter.com/wdfWOePuUw
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