Comments by "Maxwell Benz" (@Tential1) on "Jerome Powell just started a Housing Market FIRESALE (Investors Angry)" video.

  1. 7:54 this is what I've been saying. I'm confused why the market didn't worry and instead surged that day. I mean ya today it'd down, after the meeting. I feel like people aren't taking a massive rise in European energy prices causing low demand here seriously... A recession and high inflation is literally unavoidable, yet no one is really saying anything. Also, off my analysis I did last year which I'm too lazy to update, the market was worth 420, and we didn't grow earnings meaningfully (hence really I don't need to update to know it's lower), and earnings are retracting. We have one month of good spending before payments kick in (election numbers hehe), then q1 2023, we have a massive reduction in spending power between payments and European winter energy prices. Almost like people just pretending the spending power is about to vanish.
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  2. It doesn't matter what he does. Europe can't produce without energy. Less good, less energy, more inflation. It's so basic, I'm mind boggled people are pretending not having energy isn't a massive issue.
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