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Is the US Housing Market in Trouble?

Housing stocks are getting clobbered due to forward indicators such as mortgage rates rising, and applications and inventory to sales ratios declining. Many parts of the US have become overpriced and unaffordable to the majority. As mortgage rates rise, fewer and fewer people will be able to afford homeownership.

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Tesla and The Prophet Musk

Musk is not the prophet everyone believes him to be, and in fact, has deceived investors in a number of ways. Musk constantly provides outrageous comments and blatantly erroneous forecasts. One of the major differences between Musk and Holmes is that Musk is going to lose billions of investor money.

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