And it’s just the first inkling of what’s in store for home sales.
“Our Retail Marshall Plan.”
You’ve got to admire Musk for snookering true believers into buying $2 billion of new shares a month ago that are now down 52%.
The eeriness of the whole situation may leave permanent marks on consumers and business-decision makers.
“False optimism can easily lead you astray and prevent you from making contingency plans or taking bold action.”
Low Tier Skyrockets. Super-Luxury in Trouble. Condo, High-Tier House Prices Have Gone Nowhere since mid-2018.
Market share of EVs reaches 5.3%. The registrations data is out in all its glorious detail.
It’s not only Chinese tourists, business travelers, and property buyers who’re not showing up, but also travelers from all over the world who’ve gotten second thoughts about sitting on a plane.
Even as the Fed floods the market with $400 billion in four months, with stocks at record highs, and reality pooh-pooed as irrelevant. What’s different this time? (transcript of my podcast)
The priciest markets north of the San Francisco Bay.