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Post 323

Post 323

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  • Florida is one of the weakest housing markets in America.
    • But prices are still sky-high compared to pre-COVID
  • Nationally, sellers outnumber buyers by half a million.
    • Prices are falling in some areas, but even with prices falling many will remain priced out of the housing market.
  • America’s largest home builder’s sales are accelerating downward.
    • The issue is affordability constraints, but it’s not about mortgage rates.
  • Tesla’s car deliveries fall for the second straight quarter.
    • Robotaxi to the rescue?
  • The Canadian government has rescinded its proposed digital services tax.
    • This is good news for Canadians.
  • US jobs numbers appear to be a mixed bag.
    • But the number of government workers are finally falling.
  • Microsoft lays off more employees.
    • But its share price continues to soar.
  • A look at the wealth of Amazon’s Jeff Bezos and how he achieved it.
  • In Financial Ructions:
    • Social Security in the US will be insolvent in 8 years.
      • And the cost of making it solvent has continued to increase as policymakers perpetually kick the can down the road.
        • Refusing to make tough but necessary decisions.
    • A look at what has been influencing stock market valuations.
  • In our book review of the Way The World Works we look at the economic law of supply and demand and how things happen at the margin.
    • And how the best political leaders don’t take criticism personally but rather as a way to understand the struggles of the electorate.


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