Listen now (12 mins) | US mortgage rates have been a good indicator of economic weakness previously. (also plans for this website will be discussed at the end...)
Been looking at how housing prices paid are linked to tech company valuations. Employees sale of options/shares has help drive houses prices higher, not debt like in the past. LTV’s are somewhat reasonable. However if tech / growth stocks do continue to dive this liquidity form that helped push the market up might be the missing piece that causes it to go down.
always great to listen to your economic comments. Please only write notes when you have something relevant, not because you have to write weeklies.