US New Home Buyer Traffic DOWN -64% YoY (Bank Deposits DOWN The Most Since 1973)

#bubble, #inflation, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Agency MBS, Bank of Japan, Banking, CMBS, CRE, Credit, Currency, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, Natural Gas, New Home Sales, Oil, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Yellen 1 Minute

Everything is NOT beautiful with the US economy.

Another crack in the dam (US economy) is buyer traffic for new homes. They are now down -64% since last year (YoY).

Of course, The Federal Reserve is removing its massive monetary stimulus. BUT commercial bank deposits have declined the most since 1973.

Published by confoundedinterest17

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