Asset bubbles are popping everywhere and next up is the one and only housing sector...yes I keep hearing how there is no or extremely low inventory but with millions of people seeing there investments collapse it will eventually snowball into the housing sector especially when consumers start to cut back overall spending ......yes mortgage rates are coming down but with unemployment on the rise and higher inflation not many will he willing to go into a bidding war especially in times of uncertainty....so with that said I see housing prices dropping a solid 20% within 12 to 18 months!! In certain markets where housing prices are in bubbles there could be a 30 to 40% drop in prices....so hold back on buying that house if you are currently in the market...prices will come into your favor with a bit of patience.... https://www.npr.org/2025/04/03/nx-s1-5349453/spring-home-buying-mortgage-rates
Yes. The bear market in stocks will be coincident with housing. IOW... stock hopefulls might have a long, painful wait to recover.
Dude you just bounce around from bubble to bubble. Apparently doing your best to pop them all and even blow some up bigger than they really are. Are you OK? Things are going to pan out. It is just tariffs not the end of the world. Soon we will be in the biggest boom of your lifetime. ARE you ready for it? You might need to consider executing a paradigm shift. By biggest boom I mean humongous economic growth and the creation of wealth yet unseen or unknown. I am not talking about a BOOM as in blowing up the economy.
If you believe the biggest boom in economic history is about to come and create the biggest US expansion the world has ever seen than how come wallstreet thinks otherwise?? Do you not know wallstreet is 100% forward looking...if wallstreet knew these tarriffs were the greatest thing ever witnessed by mankind and that what you say about an economic Boom was actually going to real, than wallstreet on liberation day would have rallied above and beyond anyone's imagination..... then Thursday and Friday would have seen gains that would have left the masses in awe once again, but it didn't...in fact trillions were wiped away.. ..and it seems on Monday, predictions are for a 1987 type style crash ... . There isnt going to be an economic boom anytime soon. We are in a trade war and I can guarantee you that in 4 yrs time everything about bringing manufacturing back into the US was just foolish garbage talk as the tarriffs war was so intricate that all we did was create a global economic depression trying to one up each other with tarriffs...
Oh dear, it’s high time you pull your head out of your ass, preferably before tariffs make it too expensive to do even that. When the US—the buyer of last resort for the entire damn planet—starts throwing tariff tantrums, it won't be just about Trump's “tough negotiating tactic” against those who are ripping off the US. It’s a slow-motion trainwreck for global demand, including demand for American goods and services. In the end, everyone loses. But here’s the real kicker: When the dust settles, the biggest loser is always the guy maxing out the world’s credit card while flipping off his suppliers. And who do you think that might be? That’s right, it's the US.
I have no clue why no one understands this....as I have said the same thing. There will be nothing but losers in the end as each and every country tries to one up each other with tarriffs....I just can't comprehend why there will always be hostility and hate....all we had to do was come together to create a new development in manufacturing together but no, let's get into the biggest trade war the world has ever seen...this will never work and how anyone from the administration allowed this course of action is beyond me, there could have been many more ways to go about this than what we have now created...
Actually, I see it the other way around. Other countries will very likely team up and reduce tariffs among themselves to hit back at the US, giving the US a taste of its own medicine. It ain't like the US can just go full throttle on every country and expect to come out on top. The US might think it can muscle its way through this tariff war, but if the rest of the world decides to team up against the US, it could end up isolated, holding a losing hand. Trying to play this alone might just backfire in a big way. So in the end, if everyone starts playing this tariff game, the US could very well find itself isolated, while other nations get creative with their economic retaliation—reducing tariffs amongst each other, building alliances, or finding alternative markets to sell their goods. It’d end up being a lose-lose situation for the US as it gets boxed in from all sides.
Yesterday, while listening to an AM-radio news station, I learned that in Las Vegas, where I reside, according to Zillow, since February nearly 20% of homes for sale have reduced the offer price due to not selling. The next bit of news was how some homebuilders in Las Vegas are raising prices 15% immediately due to tariffs on materials. Yes, there are many variables not mentioned, but these news tidbits taken at face value as a whole is good news for potential buyers imo... and don't forget about the 10yr. As for all the protectionist talk in this thread, everybody is looking at it domestically. But what happens to the countries that don't/won't play along? And what happens to their currencies?
Partly as a result of Trump's previous tariffs (2018?), the EU negotiated free trade agreements with Canada and Japan. Keep in mind that all countries retaliating will raise tariffs only on the US, not on each other, contrary to what happened during the Great Depression (everybody against everybody else), so they (we) don't even really need to team up. This is kind of as if Germany had declared war on Poland, the UK, France and all of Western Europe, the USSR, China, Japan and the US, ***all at the same time and in 1937***
What happens to the status of the USD as the world's reserve currency? Look at the bright side: if the USD loses about 30% of its value, your trade deficits vanish. However, in the US, it might cause, I don't know, maybe a tiny bit of inflation?