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Biko Konstantinos
CNBC Television
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Comments by "Biko Konstantinos" (@bikokonstantinos8230) on "CNBC Television" channel.
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Agreed. The NASDAQ rode too high too quick, and you can see by META's massive fall, you can't trade at perfection prices for long periods of time. https://youtu.be/DKj7Zg6QmvI
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Well, the FED blew the housing market up with ultra-low interest rates, and now they're going to do the opposite. Average mortgage rates have risen very sharply since the start of the year. With the prospect of several more interest rate rises this year (including some 50-basis point hikes), the housing bubble will well and truly burst IMO. https://youtu.be/gRM4IF6_D1k
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This is very true. The Fed is trapped. It can either let inflation spiral out of control and potentially destroy the entire economy, or raise interest rates agressively and their borrowong costs on 30 Trillion National Debt rise exponentially. Either way, there will be plenty of pain ahead for the Real Estate Market and Stock Market in my opinion. https://youtu.be/jr1tf4s8Uz4
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I think gold and precious metals might be commencing a multi-year boom period. https://youtu.be/cGdOVkT-wes
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Housing Affordability Is currently the worst it’s ever been, and newly released data reveals just how bad this Crisis has become. In many countries, house prices are greater than 10x the average household income. This means that even middle-income earners are struggling just to afford a home. If housing affordability continues to deteriorate at these levels, we could see a massive section of our community never able to realise home ownership, and this is a disaster IMO. https://youtu.be/9vcXdnjbMRs
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Great video. The Fed is now trapped. Let inflation spiral out of control and potentially destroy the entire economy, or raise interest rates agressively and their borrowong costs on 30 Trillion National Debt rise exponentially. Either way, there will be plenty of pain ahead for the Real Estate Market and Stock Market IMO. https://youtu.be/jr1tf4s8Uz4
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