“The Math No Longer Works” As Sky-High Mortgages Pop Housing Bubble | Wolf Richter

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https://youtu.be/71HnRyxfLkY

“After mind-boggling ridiculous spikes, home prices in most markets are dropping. And in some markets, they’re plunging at the fastest pace on record And in some cases, they’re going down faster than they’d spiked on the way up. And it’s just the beginning.”

So says analyst Wolf Richter in his recent post “The Housing Bubble Has Popped, and the Fed Can Let it Rip”

Just how bad may things get from here? We sit down with Wolf to find out.

A Lot Of Stocks Are Going To $0 | Wolf Richter

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The S&P 500 officially entered a “bear market” an hour ago.

This is consistent with macro analyst Wolf Richter’s prediction of a hard landing for stocks, bonds and home prices that he shared in Part 1 of our interview with him yesterday.

Here in Part 2, Wolf returns to explain just how “hard” that landing is likely to be.

In this video, we also discuss what to do if you’re one of the many investors feeling caught like a ‘deer in the headlights’ by the losses in the

markets since the start of the year.

Paralysis is not a good wealth protection strategy, so we share a few strategies for getting “unstuck”.

Don’t miss out on watching Part 2 of our interview with Wolf Richter.

Wolf Street Reports – Wolf Richter

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To read the reports mentioned in our interview with Wolf Richter, simply enter your email address here:


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