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BREAKING - JB Pritzker is incredibly worried that if troops or ICE are deployed to polling stations for the midterms, certain people may be afraid to vote
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Illegal migrant fries eggs on the Tomb of the Unknown Soldier, using the Eternal Flame
Your world has no meaning to them
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Your world has no meaning to them
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China’s housing slump is deepening:
New home sales from the 100 largest developers in China fell -17.6% YoY in August, to 207 billion Yuan, one of the lowest readings on record.
This marks the 6th straight monthly decline, after a -24% YoY drop in July.
China’s housing downturn has dragged on for more than 4 years now.
And, even as China began pandemic-like stimulus 12 months ago, the housing market just keeps on falling.
Meanwhile, demand for new homes in Chinese cities is estimated to remain 75% below its 2017 peak.
China’s 2008 moment is happening as we speak.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
New home sales from the 100 largest developers in China fell -17.6% YoY in August, to 207 billion Yuan, one of the lowest readings on record.
This marks the 6th straight monthly decline, after a -24% YoY drop in July.
China’s housing downturn has dragged on for more than 4 years now.
And, even as China began pandemic-like stimulus 12 months ago, the housing market just keeps on falling.
Meanwhile, demand for new homes in Chinese cities is estimated to remain 75% below its 2017 peak.
China’s 2008 moment is happening as we speak.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Global equity market sentiment is at euphoric levels:
BofA’s Global Equity Risk-Love indicator jumped to 1.4, its highest in 13 months.
This gauge tracks investors’ positioning, put-call ratios, investor surveys, price technicals, and volatility.
This metric has surged from panic levels to euphoria in just 4 months.
Since 1987, sentiment has only been higher 7% of the time.
These periods include the pre-pandemic rally and the post-pandemic recovery.
Market sentiment is through the roof.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
BofA’s Global Equity Risk-Love indicator jumped to 1.4, its highest in 13 months.
This gauge tracks investors’ positioning, put-call ratios, investor surveys, price technicals, and volatility.
This metric has surged from panic levels to euphoria in just 4 months.
Since 1987, sentiment has only been higher 7% of the time.
These periods include the pre-pandemic rally and the post-pandemic recovery.
Market sentiment is through the roof.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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