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Don't Miss This Opportunity...
Big Problems With Large American Corporations and More On This Weeks Recap
The Daily Ninja 6/16/24
Updates From The Economic Ninja
(6/15/2024)
π‘ The greatest opportunity for many Americans is regarding their net worth in real estate, and it's never happened before.
π Paying off a mortgage in seven years for financial freedom is achievable with dedication and hard work.
π©οΈ Encouraging children to achieve things on their own can build confidence and independence, rather than simply providing them with material possessions.
π Their home has gone up exponentially in value, giving them the opportunity to make a significant profit.
π Taking advantage of real estate opportunities can help you make money from other people's investments.
π‘ Real estate can be a lucrative investment if done right, as evidenced by making over $30,000 in profit in just a few months.
π° Don't miss out on the opportunity to save money and invest in real estate by making unnecessary payments on luxury items.
(6/15/2024)
π Foreclosures are on the rise again, signaling a potential economic downturn.
π People need to understand the reason why home prices have fallen.
π High home prices, steep mortgage rates, and rising insurance premiums could make the housing problem worse.
π The situation is only going to get worse and worse, leading to panic and collapse.
π‘ The mortgage environment is going to change rapidly, making it crucial to stay informed and prepared for potential savings in the future.
π The importance of being prepared financially and having a good credit score to take advantage of the great home taking.
(6/15/2024)
π Home Depot's stock performance is closely tied to the real estate market, foreshadowing potential trends in the industry.
π The recent negative trend in Home Depot's stock performance raises questions about whether it will continue leading up to its next earnings release.
π The language explaining why Home Depot's sales were down in 2007 was identical to the current quarterly results, foreshadowing the downturn in the real estate market.
π Real estate prices are falling and are expected to keep falling in the summer months, indicating a downturn in the market.
π Home Depot reported a 2.8% same store sales drop in fiscal 2024, indicating weaker consumer spending habits, high interest rates, and ongoing inflationary pressures.
π’ People are being forced from remote working back to the office because commercial real estate's imploding.
Weekly Recap- Top Stories Of The Week
(6/11/2024)
π Toyota is in a lot of trouble, from losing market share to falsifying safety data, and the entire car industry is collapsing in on itself.
π° Toyota Corporation is taking on the burden of high inventory by owning the cars and offering low financing rates on leases.
π€― Toyota lost over $15 billion in market value after being caught falsifying test results, causing shares to plunge more than 5%.
π Toyota stock tanks as cheating found and parts plant closing.
π Toyota's closure of its largest auto parts manufacturing facility in Maran affecting 1,300 employees reflects a significant shift in the US operations, indicating a potential collapse in the auto industry.
π The Ninja expresses excitement about the potential for lower car prices and a "liquidity event" in the banking system, indicating a positive outlook on the future.
(6/10/2024)
π¨ The impact of these layoffs will extend beyond McDonald's and affect various industries across the country.
π Fast food companies were scrambling to figure out how to fire employees and still deliver food while making a profit, showing the impact of the new law on businesses.
π The effect of changes in health insurance policy on employee hours: "At first it was 40 hours and employer said okay we're going to stop giving people 40 hours a week. We're going to give them 38 or 382."
π€ Companies may replace employees with robots or AI if forced to pay higher wages, leading to job loss for many workers.
(6/14/2024)
π It's important to be prepared for economic cycles before they happen, especially in the real estate market.
π Waiting for maximum pain on both the buyer and seller side can lead to great real estate opportunities.
π Real estate investment during economic downturns can still be profitable, as history has shown during the Great Depression.
π‘ "The easiest way to wealth in this nation is not only by owning your own home cash so you're not under the throws of some greedy landlord."
π The greatest move in real estate history is on the cusp, making it the perfect time to take action.
π The housing market is heading towards an all-out Armageddon in the next four to five months, with people walking away from their underwater homes due to propaganda and forbearance traps.
π° Real estate prices have the potential to fall by 50% due to the impact of missed credit card payments and low loan rates.
π The housing market is facing a crisis with too many homes on the market and too few buyers, leading to panic and seller concessions.
π° The Ninja warns that if people aren't prepared for the economic changes, they could face a decade of poverty similar to the Great Depression.
π The real rate of inflation is as high as the late 70s right now and it's going to get worse because of trade wars.
(6/12/2024)
π The CEO of Redfin warns that the truth about the real estate market is being hidden until it is blaringly in your face, indicating a serious downturn in the economy.
π The real estate cycle is on a much bigger scale and is going to pop much louder, indicating a potential housing market crash.
π Home prices will drop this summer as sellers can't postpone listing any longer.
π Over 6% of US home sellers issued a price cut in May, a large number indicating a decline in home prices.
π The increase in housing inventory is skyrocketing, with 50-60 days of inventory compared to the previous 4-10 days.
π Redfin CEO predicts a potential explosion in inventory as sellers rush to list their homes and lock in low interest rates.
π The supply of available homes rose to 1.6 million in April, which is up 13.7% from the same time last year, and that number is expected to double in the next four to five months.
(6/10/2024)
π€― My housing insider dropped a bombshell of information that most people will find hard to believe because they're being told something completely different in the mainstream media.
π "It's very important. You understand the reason why they don't want you to know is because it would collapse the entire market and I do believe that the market is already. It's too far gone."
π Insider reveals that DR Horton is attempting to liquidate 54 neighborhoods with 100-150 doors each, indicating potential financial strain.
ποΈ They are desperate to unload these units all over the Southern States, indicating a potential housing market implosion.
π° Hedge funds are using retirement money to buy homes and rent them out, which is essentially a Ponzi scheme.
π‘ DR Horton allegedly engages in legal but controversial practices to manipulate home prices and sales records.
π "Dr Horton's earnings are going to disappoint in July and then third quarter earnings are going to come out after that massive interest payment is due."
π¨ The housing insider warns of a potential real estate crash.
Daily small steps leads to big long term progress. Keep Crushing It!
-Ninja Out