The housing sector has been cooling down amid soaring prices of materials and rising mortgage rates.

While much of that can be seen as a bounce-back from depressed levels, the recent rally had the tech gauge trading around 23x its forward price-to-earnings multiple vs about 18x for the index as of intraday Tuesday, leaving a valuation gap of about 4.9x

showing why Harari is an imperialist dolt, an intellectual dilettante, and a pernicious tool.

Frederick Douglass saying “power concedes nothing without a demand”

Europeans distinguished themselves from prior empires by being the most violent and brutal of all. The only reason their delusions still persist is that we still live under their imperialist thrall, as witnessed by the popularity of Sapiens itself. Hence you get this offense against all thinking people:

Tighter monetary policy is the biggest risk facing the corporate-debt market,

Rising yields bring rising recession risks,

The forward exchange rates refers to the exchange rates of the currencies at a future period of time. On the other hand, the spot exchange rates refers to the current rates.

Interest rate parity (IRP) is basically the fundamental equation that exists or governs the relationship between a country’s interest rates and the currency exchange rates.

This means that the trader needs to avoid borrowing money at a country with low interest rates to invest in a country with high interest rates.

–Most people would rather argue about reality than do something about reality.

–Peter Thiel, famously seen as a “contrarian,” once told me that being a contrarian is a bad way to go. You can’t just take what other people think/do and put a minus sign in front of it. The point is to think for yourself. So in fact, if you find yourself constantly in opposition to everyone and everything (or most consensuses) that’s probably a sign you’re not doing much thinking. You’re just being reactionary.

The other is that YouTube clearly favors corporate interests and establishment over independent creators.

gun culture and politics. The US has a gun-centric movement, powered by the NRA, that views guns both as sacred objects and toys — take Senator Ted Cruz cooking bacon on the barrel of a semiautomatic rifle, for example.