Price cuts are likely coming to the housing market:

The number of new single-family homes for sale jumped to 511,000 in June, the highest since October 2007.

Since the 2020 low, the number of new homes on the market has risen by +230,000, or +82%.

Excluding the 2006 housing bubble, which peaked at 572,000, this is the largest supply of new homes in history.

Meanwhile, new single-family homes in the South have risen to a record 312,000.

This is far above the 291,000 seen in 2006, just a year before the housing market crash began.

With supply near record highs, price cuts seem unavoidable.

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"I just applied to be an ICE agent, and my plan is that any information I get on ICE raids, I'm gonna report back to the Mexican community and, you know, just try to help you guys out"

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NEW: CRYPTO ENTHUSIAST Cbb0fe CLAIMS TO HAVE LOST $2.5M WHILE HEDGING 10% OF THEIR $XPL ALLOCATION WITH A 1X SHORT ON HYPERLIQUID - AMID TOKEN’S SUDDEN ~3X FLASH PUMP

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Trump wants to import 600k chinese students and one just got arrested for espionage lmao

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Charged for trying not to get raped. Only in the UK

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“We shall import hordes of Somalis, defend their right to burn the American flag and imprison women who feel threatened by them”

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What did they mean by this?

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Not sure how I missed this but it seems Google Cloud is also launching their own L1

interesting!

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The Wrath of the Awakened Saxon

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Market conditions — temporarily horrible

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$COLOURS — back to a little above where we first posted about it

Though that is rather impressive given the horrible market conditions at the moment

Big question is whether the macro will suddenly turn around, and how soon that will happen

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