Category Archives: Uncategorized

Margins and revenues keep falling…

Price increases were big since Q1 2020 which led to big profits. BUT now profits stall Q1 before tariffs.

And not even in a recession yet… “”It was the most splendid condo bubble ever, topped off with a mania, driven by the Fed’s interest-rate repression that included trillions of dollars of purchases of MBS, which pushed down mortgage rates … Continue reading →

Years ago, I heard stories that land prices can fall 90% in a real estate downturn. In a downturn, commercial property can be very bad as vacancies can soar and land prices crash.

Economy weak… Average daily S&P close per quarter…