Friday, June 10, 2022

Notes today 

  • Mariupol mayor: Russia demolished 1,300 high-rise buildings in city without removing dead bodies of residents.
  • Goldman Sachs says energy prices are not high enough to curb demand
  • Eli Lilly and Novo Nordisk have powerful new medicines for weight loss. Wall Street predicts massive sales. 

  • US Real Estate: mortgage holders gained $2.8 trillion in tappable equity over the past 12 months - a 34% increase that equates to more than $207,000 in equity available per borrower. 

  • Sixty percent of housing experts polled by Zillow don’t believe the housing market is in a bubble, compared to 32% who do. 

  • The median monthly asking rent in the U.S. exceeded $2K for the first time in May, rising 15% Y/Y to $2,002, Redfin said. 

  • Garry Kasparov @Kasparov63 The heavy weapon crisis in Ukraine has reached a critical juncture. The UK and Poland are going above and beyond. Scholz is delaying and lying. The US still won't make its war goals clear and is sending less than promised and much less than Ukraine needs. 

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