This one chart from today's podcast guest Jim Egan. Incredible.
The difference between having a ZIRP-era mortgage and not having one. https://t.co/o71SYqgz7s
This one chart from today's podcast guest Jim Egan. Incredible. The difference between having a ZIRP-era mortgage and not having one. https://t.co/o71SYqgz7s
Every Interesting Outcom...
Last is the power of stories over statistics. “Housing prices in relation to median incomes are now above their historic average and typically mean revert” is a statistic. “Jim just made $500,000 flipping homes and can now retire early and his wife thinks he’s amazing” is a story. And it’s way more persuasive in the moment. It’s hard to compute, bu
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"dominating the present with insights."
Kyle Harrison • Markets, Markets, and Markets
Maybe podcasting is only a $500m market today, but the commercial radio market is a $40bn revenue market globally, more than double the size of the global recorded music industry. >85% of adults in the developed world listen to radio weekly (nearly 3bn people worldwide) and each listener in the US is worth $67 annually.
Jackie Vullinghs • Why I'm Buying
Putting Them Together
The United States is running larger fiscal deficits than most other countries, and its private sector has a higher proportion of long term fixed rate debt than most other countries. This means that in an interest rate hiking cycle, the United States has been rather de-sensitized to rising rates compared to other countries tha
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