Adam Taggart Blog | Daily Digest 3/23- Housing Market Tipping In Favor Of Buyers, The Year the World Falls Apart | Talkmarkets
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Adam is the President and Co-Founder of Peak Prosperity. He wears many hats, but his basic job is to handle the business side of things so that his fellow co-founder, Chris Martenson, is free to think and write.

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Daily Digest 3/23- Housing Market Tipping In Favor Of Buyers, The Year the World Falls Apart

Date: Saturday, March 23, 2019 11:18 PM EDT

Economy

Housing market is tipping in favor of buyers, real-estate agents say (Adam)

Those insights – and more detailed observations – come from investment bank Credit Suisse, which polls real estate agents around the country every month. Its February edition, released a few days ago, paints a more uniform picture of housing conditions around the country, though some distinctly local matters, like the impact of the government shutdown on Washington, D.C., or the “red tide” in Gulf Coast Florida, stand out.

3-21 Hanson…Massive House Price Growth Deceleration; A BRICK WALL (Adam)

Very few regions escaped a significant deceleration with some prominent regions like San Jose and San Francisco even getting crushed on a year-over-year absolute basis.

The only thing that even comes close to this sharp of deceleration was circa-2007.

Politics Has Failed, Now Central Banks Are Failing (thc0655)

Are we in a pre-revolutionary era? Here's clue #1: politics has failed. When the political process can no longer fix what's broken, politics has failed. When entire classes of citizenry no longer feel represented, politics has failed. When the system delivers a steadily declining standard of living to the bottom 80% of households, politics has failed.

Doug Casey on the Year the World Falls Apart (thc0655)

I know this sounds outrageous because right now everything is running fairly smoothly. The standard of living of the average middle-class American has degraded slowly over decades but hasn’t yet totally collapsed. But that’s the way it is a day before a volcano explodes, or a day before an earthquake, or minutes before an avalanche starts coming down.

The Cambridge Analytica scandal changed the world – but it didn't change Facebook (John J.)

Facebook’s PR machine spent much of the first 24 hours after the story broke engaged in a pedantic and self-defeating argument over whether or not what had occurred constituted a “data breach”. By information security standards, Facebook was correct that what occurred was not a “data breach” – as representatives wrote, “no systems were infiltrated, and no passwords or sensitive pieces of information were stolen or hacked”.

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