@matthewlambert.bsky.social
Waxing poetic while eating my curds and whey.
Reposted
We are living in a bifurcated economy.
Lower-end consumers are struggling and an estimated 67% say they are living paycheck-to-paycheck in the United States.
The top 10% are responsible for 50% of all the spending and have benefited deeply from rising stock prices. #EconSky
Lower-end consumers are struggling and an estimated 67% say they are living paycheck-to-paycheck in the United States.
The top 10% are responsible for 50% of all the spending and have benefited deeply from rising stock prices. #EconSky
November 26, 2025 at 12:54 PM
We are living in a bifurcated economy.
Lower-end consumers are struggling and an estimated 67% say they are living paycheck-to-paycheck in the United States.
The top 10% are responsible for 50% of all the spending and have benefited deeply from rising stock prices. #EconSky
Lower-end consumers are struggling and an estimated 67% say they are living paycheck-to-paycheck in the United States.
The top 10% are responsible for 50% of all the spending and have benefited deeply from rising stock prices. #EconSky
Reposted
Housing analyst Melody Wright is predicting a price correction "worse than 2008," with home prices potentially dropping 50% to match median household income. According to Zillow, 53% of all US homes lost value over the past 12 months, the most since 2012. #EconSky #Housing
November 26, 2025 at 12:59 PM
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Albert Edwards gets the @fortune.com treatment:
“.. It will end in tears, that much I’m sure of.”
fortune.com/2025/11/23/i...
“.. It will end in tears, that much I’m sure of.”
fortune.com/2025/11/23/i...
November 25, 2025 at 11:57 AM
Albert Edwards gets the @fortune.com treatment:
“.. It will end in tears, that much I’m sure of.”
fortune.com/2025/11/23/i...
“.. It will end in tears, that much I’m sure of.”
fortune.com/2025/11/23/i...
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The DALLAS FED survey commentary is as dire as ever:
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
November 24, 2025 at 3:43 PM
The DALLAS FED survey commentary is as dire as ever:
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
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The number of Americans receiving unemployment benefits hit 1.974 MILLION, the highest in 4 years.
This likely means the unemployment rate is now higher than the reported 4.4% in September, as finding a job is increasingly difficult. #EconSky
This likely means the unemployment rate is now higher than the reported 4.4% in September, as finding a job is increasingly difficult. #EconSky
November 25, 2025 at 12:21 PM
The number of Americans receiving unemployment benefits hit 1.974 MILLION, the highest in 4 years.
This likely means the unemployment rate is now higher than the reported 4.4% in September, as finding a job is increasingly difficult. #EconSky
This likely means the unemployment rate is now higher than the reported 4.4% in September, as finding a job is increasingly difficult. #EconSky
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US real estate: Delistings Jump 28% as Sellers Pull Homes Off Market Rather Than Settle For Low Prices
Biggest September tally in 9 years @Redfin
Biggest September tally in 9 years @Redfin
November 25, 2025 at 2:19 PM
US real estate: Delistings Jump 28% as Sellers Pull Homes Off Market Rather Than Settle For Low Prices
Biggest September tally in 9 years @Redfin
Biggest September tally in 9 years @Redfin
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*DALY SEES SUDDEN DETERIORATION IN JOB MARKET AS MORE LIKELY:WSJ
November 24, 2025 at 7:58 PM
*DALY SEES SUDDEN DETERIORATION IN JOB MARKET AS MORE LIKELY:WSJ
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“.. In some areas, such as New York City, the surge has been dramatic — with residential [utility] shutoffs in August up fivefold from a year ago, utility filings show.”
@washingtonpost.com
www.washingtonpost.com/business/202...
@washingtonpost.com
www.washingtonpost.com/business/202...
November 24, 2025 at 7:59 PM
“.. In some areas, such as New York City, the surge has been dramatic — with residential [utility] shutoffs in August up fivefold from a year ago, utility filings show.”
@washingtonpost.com
www.washingtonpost.com/business/202...
@washingtonpost.com
www.washingtonpost.com/business/202...
Reposted
Google has taken OpenAI to the woodshed. 👀
(via MS desk) $GOOGL
(via MS desk) $GOOGL
November 25, 2025 at 4:40 PM
Google has taken OpenAI to the woodshed. 👀
(via MS desk) $GOOGL
(via MS desk) $GOOGL
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“.. Every consumer sentiment gauge is saying the same thing ..
“.. the middle class is feeling squeezed. .. Lower-income households are basically in a recession.
“.. It's hard to get a job .. The cost of living is up .. Real incomes are trending down ..”
- @byheatherlong.bsky.social
“.. the middle class is feeling squeezed. .. Lower-income households are basically in a recession.
“.. It's hard to get a job .. The cost of living is up .. Real incomes are trending down ..”
- @byheatherlong.bsky.social
November 25, 2025 at 6:16 PM
“.. Every consumer sentiment gauge is saying the same thing ..
“.. the middle class is feeling squeezed. .. Lower-income households are basically in a recession.
“.. It's hard to get a job .. The cost of living is up .. Real incomes are trending down ..”
- @byheatherlong.bsky.social
“.. the middle class is feeling squeezed. .. Lower-income households are basically in a recession.
“.. It's hard to get a job .. The cost of living is up .. Real incomes are trending down ..”
- @byheatherlong.bsky.social
Reposted
The Fed can lower interest rates — but can they lower the mortgage application REJECTION rate?
(via Ben Emons)
(via Ben Emons)
November 25, 2025 at 3:34 PM
The Fed can lower interest rates — but can they lower the mortgage application REJECTION rate?
(via Ben Emons)
(via Ben Emons)
Reposted
Reposted
*US NOV. CONSUMER CONFIDENCE 88.7; EST. 93.3
November 25, 2025 at 3:00 PM
*US NOV. CONSUMER CONFIDENCE 88.7; EST. 93.3
Reposted
Rough consumer confidence print.
November 25, 2025 at 3:00 PM
Rough consumer confidence print.
Reposted
*US NOV. CONSUMER CONFIDENCE 88.7; EST. 93.3
November 25, 2025 at 3:02 PM
Reposted
Markets that were pandemic darlings(FL, AZ, TX) now experiencing outright price declines. Traditionally stable metros in Northeast and Midwest continue to post solid gains. Reversion to pre-pandemic pattern; job markets urban fundamentals drive prices, not migration trends & remote-work dynamics
November 25, 2025 at 3:11 PM
Markets that were pandemic darlings(FL, AZ, TX) now experiencing outright price declines. Traditionally stable metros in Northeast and Midwest continue to post solid gains. Reversion to pre-pandemic pattern; job markets urban fundamentals drive prices, not migration trends & remote-work dynamics
Reposted
Case-Shiller: Weakest annual house price growth since early 2023, when the market was absorbing the initial shock of the Federal Reserve’s aggressive rate-hiking cycle. www.spglobal.com/spdji/en/ind...
November 25, 2025 at 3:09 PM
Case-Shiller: Weakest annual house price growth since early 2023, when the market was absorbing the initial shock of the Federal Reserve’s aggressive rate-hiking cycle. www.spglobal.com/spdji/en/ind...
Reposted
Conference Board Consumer Confidence misses as expectations collapse.
November 25, 2025 at 3:03 PM
Conference Board Consumer Confidence misses as expectations collapse.
Reposted
November 25, 2025 at 3:28 PM
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Nearly every age cohort in GOLDMAN’s holiday survey is more cautious about spending than they were last year. 🎄
Goldman's Holiday Survey 2025:
Spending plans this holiday are increasingly bifurcated, with high-income consumers planning to spend more while low-income consumers plan to spend less.
Millennial and Gen Z consumers indicated more cautious holiday spending plans
Spending plans this holiday are increasingly bifurcated, with high-income consumers planning to spend more while low-income consumers plan to spend less.
Millennial and Gen Z consumers indicated more cautious holiday spending plans
November 25, 2025 at 10:51 AM
Nearly every age cohort in GOLDMAN’s holiday survey is more cautious about spending than they were last year. 🎄
Reposted
Munger laughing, somewhere.
November 25, 2025 at 11:20 AM
Munger laughing, somewhere.
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GOLDMAN DESK, on hyperscaler capex:
“.. deceleration in the second derivative is partly what seems to be in the air right now. .. I still don’t want to fight the flow of capital .. but I’m lowering my expectations for how much this will excite the market on a going forward basis.” [Pasquariello]
“.. deceleration in the second derivative is partly what seems to be in the air right now. .. I still don’t want to fight the flow of capital .. but I’m lowering my expectations for how much this will excite the market on a going forward basis.” [Pasquariello]
November 25, 2025 at 11:33 AM
GOLDMAN DESK, on hyperscaler capex:
“.. deceleration in the second derivative is partly what seems to be in the air right now. .. I still don’t want to fight the flow of capital .. but I’m lowering my expectations for how much this will excite the market on a going forward basis.” [Pasquariello]
“.. deceleration in the second derivative is partly what seems to be in the air right now. .. I still don’t want to fight the flow of capital .. but I’m lowering my expectations for how much this will excite the market on a going forward basis.” [Pasquariello]
Reposted
Citi removes its tactical long position on the S&P 500 😱👀🫂
November 22, 2025 at 7:30 PM
Citi removes its tactical long position on the S&P 500 😱👀🫂