The central bankers could have stopped this waste racket at anytime they wanted. But they endorsed/condoned/promoted it to keep the torrent of HOT MONEY flowing to propel their stock market investments EVER HIGHER. But now that their stock market positions have been liquidated, and they are net short, that flow of HOT MONEY is not wanted or needed, and would be detrimental to the NEXT ITEM on their agenda… liquidating their monstrous worldwide Real Estate Portfolio at all time highs. For that, they need lower interest rates in the 10’s & 30’s, which requires TAME INFLATION, and fiscally responsible USA GOVERNMENT. Enter DOGE. If you think this was for WE THE PEOPLE, THINK AGAIN.
We will see a massive budget surplus this year, bond yields cratering 50%, and Real Estate doubling in value in hot markets. From Wednesday’s high in the SP500, the clock is now ticking, as Real Estate typically tops 6 months from the date stocks do. If you own real estate, get ready for the ride of your life, then find one of those 1% listing brokers to unload it onto the next round of bag holders in August. (They even obliterated the century old 6% real estate commission structure to get ready to sell their portfolio on the CHEAP!!!) |