John Ravenda

This is what your front door lock looks like when the bank’s management company drills it out and takes possession after you default on your mortgage. This was laying outside a power of sale I showed today.

Subprime auto delinquencies have now hit 2009 levels, a 15-year high, according to Fitch Ratings Third world economy… #MacroEdge

Now we know. How, why, and when. History in the making. "No one saw it coming"

Since Obama sealed his own records, … can President Trump unseal them? Expose the fraud.

My friend Jason writes a monthly blog on trendy Bend, Oregon and while noting the uptick in sales, (as all good salespersons would do) just below the surface we are at 2014 inventory levels, DOM have increased to 2 months, and price reductions have increased 33% from the prior 6…

super-macro.com US Rental disinflation is over The rent slowdown has run its course. Cleveland Fed data shows new-tenant rent growth stabilizing, meaning the biggest disinflation driver in core CPI is fading fast. Don't count on shelter to keep cooling inflation from…

Toyota is up +8% on the news of a 15% tariff. Why? It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production,…

“Troubled loans at banks in Washington have ballooned as persistent economic uncertainty impedes borrowers' ability to repay.” 👇🏼

More bullshit from the Orange Israeli Agent. Japan is completely unaware of any LNG plans. Nor is there any trade deal. Japan and the US have had free trade forever. With free trade theres no deal required. Both economies have full access to each other. If a country doesnt buy…

Sue every loan officer and agent that said marry the house, date the rate. Especially if you signed a buyer rep agreement with the agent.

And here is June non-seasonally adjusted back to 1999 as well It's time to say goodbye to your zestimate That sticker price means nothing unless it sells And you can bet your appraisal won't match if you are trying to refi Worse than June 2008, June 2009, June 2010...

One of the tallest skyscrapers in Chicago recently sold for $45 million, or ~$35 per SF... it last sold for $302m in 2014 That's a $250+ million 'haircut'

Madam, might you consider consulting the Congressionsl Budget Office? I assume you have access. They will tell you that the best present value of unfunded entitlement promises exceeds $100T!

If the cartel can't slow down the squeeze at $40 the next resistance zone is all the way up at $44.

Are we on the verge of a radical monetary shift? Is there a covert plan to reintroduce gold into the U.S. financial system in order to save the Treasury – even if it means “sacrificing” the dollar? In the premier episode of THE REAL STORY, I go deep with @ASchectman 🧵 Watch…

Risk appetite is through the roof: Call options now reflect ~68% of all options market volume, the highest since 2021, according to Goldman Sachs. This is only below the meme stock frenzy peak of ~72% in 2020-2021. By comparison, this percentage hit ~42% at the lowest point…

U.S. Housing Market has reached its most unaffordable level in history 🚨🚨

This is absolutely playing out in Dallas. Homebuilders are leading the price correction to make monthly payments make sense again.

If the Federal Reserve didn't exist, young families would be able to afford home prices TODAY

Japan about to enter "chaotic" time politically as Ishiba resigns amid election loss in parliament. The new party is anti west. I do believe they will lean HEAVILY TOWARD BRICS and ask the US military to leave. Either way, any proposed new deal that may or may not exist in…