CNBC, below, is calling all coolers, and I’ve been feeling it, too. The market stalls on over-priced inventory. When the shoe-shine boys are giving stock tips, the Wall Street bubble is about to pop. And when the gonophs list their homes outrageously over market in the hopes of gulling suckers – the worm is turning.
Where our market tops depends on how much worse life in big cities gets, but the gonophs are already out there, and by their actions they are betting that the top is already here.
In other news:
CNBC: Housing boom may be cooling as weekly mortgage demand drops again.
Bloomberg.com: Employees Are Quitting Instead of Giving Up Working From Home: The drive to get people back into offices is clashing with workers who’ve embraced remote work as the new normal. Easily foreseen, at least here. Every office building surrounded by the homeless is currently worthless. How you gonna get ’em back to their desks? Move the desks to the suburbs, too. Even then, many will never work away from home again – which is excellent news for kids and dogs.
John Nolte: Blacks Murdered at ‘Near-Historic Rates’ in Democrat-Run Portland.
The Post Millennial: Seattle Police expected to lose 300 officers by the end of the month, ‘that’s a third of the agency’.