Americans are flush in liquidity - Thanks Joe!

[MisterBeale]

Read that then reflect on party respond to the J6 Insurrection.

Yoar side calls the protesters and rioters. . . "Insurrectionists. . "

stoopid hyperbole.

Which plays into the agenda of the folks that control everything, and want to make our republic into a police state.

The other side calls those dumb assed kids on college campuses, who are ideologically subverted and which use inflammatory rhetoric, and nasty protest tactics. . ."terrorists," which is equally stoopid and hyperbolic.

The folks that are in control of it all? Don't give a shit about either of yoar hyper-partisan sides. . they just want to create a technocratic global police state. . AND BOTH OF YOU ARE HALPING THEM!

The Hard Road to (Technocratic) World Order​

 

[odanny]

True, since the correct amount of cash to be holding right now is zero. Since bidumb has taken over every dollar you held in cash is now worth about half it was four years ago.

That's why you invest in the stock market and don't leave your money sitting idle, on a street corner, drinking out of a brown paper bag, you put it to work.

 

[otto105]

Sure, old people are doing well.

Young people, not so much:


.





Globalists have killed the American Dream.

Yeah, we need to isolate and return to an America of the 1840s.

 

[theHawk]

Yeah, we need to isolate and return to an America of the 1840s.

How about America of the 1990’s, when college was affordable and actually worth the price. When people could actually buy a house without putting themselves in debt for half a century?

 

[whitehall]

The source FRED is in the Ad. Propaganda real estate business. Lots of graphs posted by internet hucksters like Bankman-Fried defrauded mom and pop investors out of billions in fake Bit/Coin investments and donated it to the democrat party. So far Biden and his minions have refused to pay back the illegal dirty money. Is FRED another Biden investment in dirty money

 

[Billiejeens]

Equity is not liquidity you moron. Inflation has pushed housing prices to record levels. That along with higher interest rates has made it impossible for people to access that equity. Most can’t afford to refinance at the current rates. As a matter of fact they can’t afford to even move. The majority of homeowners are stuck in highly valued homes they can’t afford to sell or refinance.

Of course.

 

[otto105]

Of course.

just when everyone thought the dumb was over, the previous posts happened.

 

[Billiejeens]

just when everyone thought the dumb was over, the previous posts happened.

No one will think that the dumb is over with you here.

 

[Thinker101]

Americans are flush with liquidity.

Home equity is at record levels and consumers are in their least levered situation in history. According to the February 2024 ICE Mortgage Monitor report, the average homeowner currently has about $299,000 in home equity, about $193,000 of which is tappable home equity.

The American consumer is so liquid right now that we could be in an economic growth cycle for the next decade Although predicting outcomes is difficult due to external factors.

In addition to home equity, bank accounts are record highs as are retirement saving.

To Recap:

• $32T is a record amount of home equity
• $38T is a record for retirement accounts
• $5.5T is a record in personal savings
• Real (inflation adjusted) incomes are record levels excluding the Covid period.

It is a great time to be alive! Thanks Biden!

Households; Owners' Equity in Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate, Level (OEHRENWBSHNO) from Q4 1945 to Q4 2023 about net worth, balance sheet, nonprofit organizations, equity, real estate, Net, households, and USA.

fred.stlouisfed.org

View attachment 943939

Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level (HOEREPHRE) from Q4 1945 to Q4 2023 about equity, real estate, percent, households, and USA.

fred.stlouisfed.org

View attachment 943941

View attachment 943948

https://www.ici.org/print/pdf/node/836811

Yep, flush in liquidity. Only problem is that liquidity in on credit cards.

https://www.cnbc.com/2024/02/06/cre...-1point13-trillion-record-at-end-of-2023.html

 

[Missouri_Mike]

How about America of the 1990’s, when college was affordable and actually worth the price. When people could actually buy a house without putting themselves in debt for half a century?

I was thinking more like the 50’s or 60’s when a man could provide a home for his wife and kids without her working.

 

[HikerGuy83]

Americans are flush with liquidity.

Home equity is at record levels and consumers are in their least levered situation in history. According to the February 2024 ICE Mortgage Monitor report, the average homeowner currently has about $299,000 in home equity, about $193,000 of which is tappable home equity.

The American consumer is so liquid right now that we could be in an economic growth cycle for the next decade Although predicting outcomes is difficult due to external factors.

In addition to home equity, bank accounts are record highs as are retirement saving.

To Recap:

• $32T is a record amount of home equity
• $38T is a record for retirement accounts
• $5.5T is a record in personal savings
• Real (inflation adjusted) incomes are record levels excluding the Covid period.

It is a great time to be alive! Thanks Biden!

Households; Owners' Equity in Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate, Level (OEHRENWBSHNO) from Q4 1945 to Q4 2023 about net worth, balance sheet, nonprofit organizations, equity, real estate, Net, households, and USA.

fred.stlouisfed.org

View attachment 943939

Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level (HOEREPHRE) from Q4 1945 to Q4 2023 about equity, real estate, percent, households, and USA.

fred.stlouisfed.org

View attachment 943941

View attachment 943948

https://www.ici.org/print/pdf/node/836811

So go borrow that equity (you have to pay it back) using a HELOC that has an interest rate of 11+%. Good luck taking out that 193,000 at that rate. That would be close to 2000/month in interest.

Go and get it folks. You'll lose your overpriced homes.

And if you do it and your house value tanks....you go underwater.

Great idea citygator

I certainly hope you are not a financial advisor.

 

[Missouri_Mike]

just when everyone thought the dumb was over, the previous posts happened.

The only dumb that has shown up is you.

 

[Rawley]

Americans are flush with liquidity.

Home equity is at record levels and consumers are in their least levered situation in history. According to the February 2024 ICE Mortgage Monitor report, the average homeowner currently has about $299,000 in home equity, about $193,000 of which is tappable home equity.

The American consumer is so liquid right now that we could be in an economic growth cycle for the next decade Although predicting outcomes is difficult due to external factors.

In addition to home equity, bank accounts are record highs as are retirement saving.

To Recap:

• $32T is a record amount of home equity
• $38T is a record for retirement accounts
• $5.5T is a record in personal savings
• Real (inflation adjusted) incomes are record levels excluding the Covid period.

It is a great time to be alive! Thanks Biden!

Households; Owners' Equity in Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate, Level (OEHRENWBSHNO) from Q4 1945 to Q4 2023 about net worth, balance sheet, nonprofit organizations, equity, real estate, Net, households, and USA.

fred.stlouisfed.org

View attachment 943939

Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level

Graph and download economic data for Households; Owners' Equity in Real Estate as a Percentage of Household Real Estate, Level (HOEREPHRE) from Q4 1945 to Q4 2023 about equity, real estate, percent, households, and USA.

fred.stlouisfed.org

View attachment 943941

View attachment 943948

https://www.ici.org/print/pdf/node/836811

LOL

Americans' credit card debt hits record $1.13 trillion

Credit card debt increased by $50 billion in the fourth quarter of 2023 alone, a 4.6% jump from the previous quarter.

abcnews.go.com

 

[Missouri_Mike]

So go borrow that equity (you have to pay it back) using a HELOC that has an interest rate of 11+%. Good luck taking out that 193,000 at that rate. That would be close to 2000/month in interest.

Go and get it folks. You'll lose your overpriced homes.

And if you do it and your house value tanks....you go underwater.

Great idea citygator

I certainly hope you are not a financial advisor.

He’s an idiot. And a lefty shill posting stupid shit.

 

[otto105]

I was thinking more like the 50’s or 60’s when a man could provide a home for his wife and kids without her working.

Ah, a time when Union participation was 25% and America was still a creditor nation.

 

[odanny]

American millenials and Gen. Z probably feel screwed, they want to make a career and get an education and are left with crippling debt or are forced to learn a skilled trades career to make an equivalent salary, or start their own business, which costs a lot of money up front.

They probably feel like most of their options are not good, and that is because of the higher education racket, notably the crushing debt from student loan interest and the loan sharks controlling the market, with government help.

 

[otto105]

He’s an idiot. And a lefty shill posting stupid shit.

Or you can invest in meth and opioids like rural red west virginia folks in the holler.

 

[Missouri_Mike]

Ah, a time when Union participation was 25% and America was still a creditor nation.

Also a time government workers weren’t allowed to unionize.

 

[HikerGuy83]

Or you can invest in meth and opioids like rural red west virginia folks in the holler.

You are from West Virginia ?

 

[Missouri_Mike]

American millenials and Gen. Z probably feel screwed, they want to make a career and get an education and are left with crippling debt or are forced to learn a skilled trades career to make an equivalent salary, or start their own business, which costs a lot of money up front.

They probably feel like most of their options are not good, and that is because of the higher education racket, notably the crushing debt from student loan interest and the loan sharks controlling the market, with government help.

Like you listed it’s their own view of being “forced” into a trade. There’s nothing wrong with doing those jobs.