US Pending Home Sales Drop 6.64% YoY In December As Dow Rises 1.6% As Fed Won’t Remove The Stimulypto (Gold And Bitcoin Down)

Confounded Interest ^ | 01/27/2022 | Anthony B. Sanders

[Browns Ultra Fan]

Pending home sales in the USA tanked 6.64% YoY. Yes, it was for December, but down 6.64% YoY means that pending home sales are lower than last December.

And the stock market was up across the board as Powell refused to take his foot off the monetary gas pedal.

Gold is down along with Bitcoin for you ALT investment types.

[Browns Ultra Fan]

Slowing. Powell has to keep juicing the market.

[CodeToad]

Fewer homes sales does equate to a down economy. What has been happening is that there are less homes for sale. Prices are skyrocketing because supply is so low while demand is so high. Homes are selling the day of listing for high prices.