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washparkhorn

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Everything posted by washparkhorn

  1. Further disinflationary trend in single family homes: “Blackstone Single-Family Landlord to Halt Home Purchases in 38 Cities. Home Partners of America to press pause beginning Sept. 1. Company cites home price growth, market demand, regulations. Home Partners of America, the single-family landlord owned by Blackstone Inc., will stop buying homes in 38 US cities, becoming the latest institutional investor to back away from an overheated housing market. The company, acquired by Blackstone in June 2021 for $6 billion, told customers that as of Sept. 1, it is pausing applications and property submissions in Boise, Idaho; Fresno, California; Memphis, Tennessee, and 25 other areas. It will go on hiatus in 10 additional cities on Oct. 1. “ https://www.bloomberg.com/news/articles/2022-08-25/blackstone-single-family-landlord-to-halt-purchases-in-38-cities
  2. All eyes on Jackson Hole tomorrow. Newly minted hawk, J. Powell, will signal: a. “damn the recession, full pain ahead” b. “Incoming pivot” c. “Let’s pause“ - and/or - d. “I feel lovey-dovey again.” I think he will try to convince his audience that he is a alpha-hawk - and his audience will sense he is a beta-cuck as soon as big capital wants easy money and bail outs again.
  3. Those benefitting have not been paying for two years. Where is the “gasoline on the fire”/money they will suddenly be redirecting to stoke inflation? Further, those who have not been paying, but owe more than $10K, must begin paying down those loans after this “last” deferment ends. That is deflationary. tldr: Furman gets paid for scaremongering about the debt and deficit. That’s his job now. Know your sources.
  4. If a person has Peterson Institute or PIIE in their bio, the person will reach the wrong conclusion most of the time. https://www.piie.com/experts/senior-research-staff/jason-furman
  5. Cocky without a cause. Every vote counts. Humility is a virtue, not a vice. Show the economics to prove why there is virtue in this action. It is not difficult:
  6. Inflationary, but with the Fed implementing hawkish and austere rate hikes, I see no contrary effect on diminishing liquidity and demand destruction with this action. The Fed’s tools for combating inflation are working. This inflationary tailwinds of this action are not enough to temper the disinflationary headwinds stoked by the Fed. I will add for the incrementalists, “means testing” ensures there will be political conflict over the measure. That’s dumb in my opinion, but on brand for those who see Washington as an opportunity to cosplay the “West Wing.” You know who you are.
  7. China is attempting to establish a China “Fed Put” on real estate in China.
  8. The Kountry Xpress where the beating went down has excellent Indian food according to reviews. But remember, no kurry for you if you threaten to cut off the kashier’s face.
  9. The suspect allegedly threatened to “cut off” the face Kuntry Kabin Konvenience store kashier with a knife. Arky gonna Arky.
  10. Citibank - UK looking at 18% inflation. https://www.msn.com/en-gb/money/other/uk-inflation-to-hit-18-25-in-early-2023-citi-forecasts/ar-AA10Vg0r?fromMaestro=true USD stronger.
  11. You’re welcome . . .
  12. German components in the X5’s assembled in SC be cheaper if priced in Euros.
  13. Wrong way. The price of imports to the US goes down with a strong dollar. The price of exported American goods abroad goes up. A BWW in every American garage?
  14. US Dollar continues to reign supreme. Flight to safety plus hawkish Fed. International Capital adores austerity for the masses. —————————- Employment outlook - storm clouds on the horizon with 50% of firms surveyed planning layoffs https://www.bloomberg.com/news/articles/2022-08-18/layoffs-are-planned-at-half-of-all-companies-pwc-survey-shows
  15. washparkhorn

    Insulin

  16. washparkhorn

    Insulin

    Fucking Repubs. Vote them out.
  17. washparkhorn

    Insulin

  18. washparkhorn

    Insulin

  19. Good grief . . .
  20. “Carry to bury” laws are barbaric.
  21. Nationalist Christian Party (“Nat C”) is alive and well in America.
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