BIG JOE GIVES THE 1%ers / HIGH-ROLLER$ BOTH BARRELS!!!!!!

[Phoenix68]

California home sales crash to lowest level in 15 years

According to the California Association of Realtors, the state had the biggest drop in home sales since the Great Recession.

www.newsweek.com

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"Elevated mortgage interest rates and a persistent shortage of homes for sale hindered home sales in November," 2024 CAR President Melanie Barker said in a news release shared with Newsweek, adding that the future could look a bit more rosy for California homebuyers now that the Federal Reserve has announced it will soon shift toward cutting rates.

"With mortgage rates dropping to the lowest level in four months in recent weeks and the Federal Reserve indicating it plans to cut rates more than previously anticipated in 2024, more prospective homebuyers could reenter the market early next year," she said."

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"Can you see it, NOW, asshole?"
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[Phoenix68]

And yet, there is this:

Why recession fears are growing and what a downturn could look like

Economists surveyed by Bloomberg on Tuesday placed the chances of a recession in 2023 at 70%.

abcnews.go.com

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"DECEMBER 2022???!!!!!"
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[Phoenix68]

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U. S. A. Producing MORE Oil Than ANY Country In HISTORY!!!!
December 19, 2023
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[Phoenix68]

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Mortgage Interest Rates Fell Dramatically This Month
December 30, 2023
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"Mortgage rates down for the most part this week, though current mortgage refinance rates have inched up on a few different terms compared to a week ago. But in spite of some fluctuations, rates are down, dramatically, from last month.

Average 30-year mortgage rates are continuing to inch down closer to 6%, and they're currently the lowest they've been since spring 2023."

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[Phoenix68]

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"CHINA!!!!! You ready to play by our rules, now??"
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[mark francis]

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U. S. A. Producing MORE Oil Than ANY Country In HISTORY!!!!
December 19, 2023
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View attachment 9741
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Where does Hunter's "big guy" dad really stand on fossil fuels? Is he riding fences in hope of winning both supporters and opponents of fossil fuels? He seems willing to do anything and say anything to gain votes, whether the statements are true or sensible or not.

Biden Approved a Big Oil Project. Now, He’s Cracking Down on Drilling.

In the months since the president allowed the Willow project in Alaska, his administration has curtailed fossil fuel activities on millions of acres of public land and in federal waters.

www.nytimes.com

Biden Approved a Big Oil Project. Now, He’s Cracking Down on Drilling.​

 

[mark francis]

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Mortgage Interest Rates Fell Dramatically This Month
December 30, 2023
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"Mortgage rates down for the most part this week, though current mortgage refinance rates have inched up on a few different terms compared to a week ago. But in spite of some fluctuations, rates are down, dramatically, from last month.

Average 30-year mortgage rates are continuing to inch down closer to 6%, and they're currently the lowest they've been since spring 2023."

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Biden Has A Housing Problem

Despite the strong economy, Biden has not won over voters, and one obvious culprit behind the economic pessimism is the housing market.

www.forbes.com

FORBESREAL ESTATE

Biden Has A Housing Problem​

Daryl Fairweather
Contributor
I'm Redfin’s Chief Economist, leading economic research about housing

Dec 13, 2023,10:26am EST
https://policies.google.com/privacy

TOPSHOT - As housing affordability worsens, US President Joe Biden delivers remarks on his ... [+]
AFP VIA GETTY IMAGES
Despite the strong economy, Biden has not won over voters, and one obvious culprit behind the economic pessimism is the housing market. Unemployment is low, economic growth is strong, inflation has moderated, and income inequality has declined for the first time since 2007. However, home sales are at lows not seen since 2008, and 2023 is on pace to be the least affordable time to buy a home on record. Renters are demoralized about how unattainable homeownership has become, and homeowners feel stuck as high mortgage rates leave them unable to move. This has soured middle-class voters on Bidenomics.

 

[Phoenix68]

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Both Wall Street And Main Street Can Celebrate ANOTHER Strong Jobs Report!!!
January 5, 2024
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"The labor market capped off 2023 with another strong showing despite the Federal Reserve’s campaign to tame inflation with interest rate hikes. Employers added 216,000 jobs last month compared to 173,000 in November, the Bureau of Labor Statistics reported Friday—a figure that far exceeded Wall Street’s consensus forecast."

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[the annoying thing]

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BIDENOMICS!!!!!
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(aka JOECONOMY)
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View attachment 5032
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Is that why people are complaining about prices so much

 

[mark francis]

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Both Wall Street And Main Street Can Celebrate ANOTHER Strong Jobs Report!!!
January 5, 2024
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"The labor market capped off 2023 with another strong showing despite the Federal Reserve’s campaign to tame inflation with interest rate hikes. Employers added 216,000 jobs last month compared to 173,000 in November, the Bureau of Labor Statistics reported Friday—a figure that far exceeded Wall Street’s consensus forecast."

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Big whoop. More than 90% of the jobs created in November 2023 were in the government, healthcare, and leisure, while backbone industries still suffered under Bidenomics. Furthermore, Biden cannot blame the US debt troubles on Republicans for cutting taxes as long as he continues to grow the government to enormous unsustainable sizes while spending billions on stupid things like Iranian terrorists, greedy fake global warming fanatics, worthless green energy projects, leftist political projects and their greedy corrupt money handlers, and so forth.

Here’s where the jobs are for November 2023 — in one chart

Health care and government hiring led the way in November.

www.cnbc.com

 

[Phoenix68]

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CBS News Poll:
Fewer Americans Expecting Economic Slowdown, Now!!!!
January 7, 2024
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"Americans now think the longer-term outlook appears more stable."
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....AGAIN!!!!
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[mark francis]

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CBS News Poll:
Fewer Americans Expecting Economic Slowdown, Now!!!!
January 7, 2024
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"Americans now think the longer-term outlook appears more stable."
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....AGAIN!!!!
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Sadly, Democrats pushing the new world order Marxism seem unaware that millions of Americans are suffering deeply from the misguided focus on funding millions of immigrants, spending billions of dollars on green energy projects, mandating new emissions standards that make gas cars illegal and force all people, especially the poor, to either walk or buy an EV. Democrats drive up energy costs. food costs, gasoline costs, and food costs, among a host of other essentials. Poor people will have to get new stoves that meet tighter leftist restrictions, and so forth. The poor can hardly be expected to see the Biden economy as booming.



The Surprising Poverty Levels Across the U.S. | TIME 10-4-23

The Surprising Poverty Levels Across the U.S.​

Hundreds of needy people line up around the block to receive food from embattled 14th District Los Angeles City Council member Kevin de León, during a free food distribution outside his council office in Los Angeles Thursday, Sept. 21, 2023. Allen J. Schaben-Los Angeles Times/ Getty Images




The U.S. poverty rate saw its largest one-year increase in history. 12.4% of Americans now live in poverty according to new 2022 data from the U.S. census, an increase from 7.4% in 2021. Child poverty also more than doubled last year to 12.4% from 5.2% the year before.
The U.S. poverty level is now $13,590 for individuals and $23,030 for a family of three. The new data shows that 37.9 million people lived in poverty in 2022.

Under Biden the US poverty level jumped from 7.4% in 2021 to 12.4% in 2022.

 

[Phoenix68]

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Republicans Are Warming Up To Joe Biden's Economy!!!!
January 19, 2024
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"Consumer sentiment jumped 13 percent in January to its highest level since July 2021. The feeling of confidence about the economy cut across age, income, education, geography and even political affiliation. Democrats and Republicans showed their most favorable readings since the summer of 2021, according to the survey."

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[mark francis]

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View attachment 10481..........View attachment 10481..........View attachment 10481..........View attachment 10481..........View attachment 10481
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Republicans Are Warming Up To Joe Biden's Economy!!!!
January 19, 2024
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"Consumer sentiment jumped 13 percent in January to its highest level since July 2021. The feeling of confidence about the economy cut across age, income, education, geography and even political affiliation. Democrats and Republicans showed their most favorable readings since the summer of 2021, according to the survey."

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[Phoenix68]

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U.S. Economy BOOMS!!!!
January 25, 2024
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