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US Home Prices Drop For 3rd Straight Month
US Home Prices Drop For 3rd Straight Month
Home prices in America's top 20 cities were expected to fall MoM for the 3rd straight month in April (the latest reported data from S&P Cotality Case-Shiller) and they did... but only marginally.
Prices fell 0.04% MoM in April (less than the 0.10% decline expected), but the annual change rose modestly from +0.88% YoY to +1.14% YoY...
Source: Bloomberg
"Monthly price movements show seasonal strength masking underlying softness," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
The...
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Dragged Off Her Own Porch: York College Students Beaten After Five 911 Calls - And A National Pattern Of Youth Street Mobs
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On the 300 block of West Jackson Street in York, Pennsylvania, a group of York College students sat on their off-campus porch eating tacos last Friday night. They had already called 911 over illegal street racing that was underway. A group of mostly black teens - "townies" the students called them - grew into a pack. After a car smashed into a parked vehicle near a firehouse, the crowd migrated...
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Who Exactly Is Going To Be Earning More With AI?
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By Michael Every of Rabobank
May The Warsh Be With You
After having written about AI for two days in a row, it wasn’t the intention to do so again today. However, developments on the ground are accelerating while those responsible for dealing with the fallout are failing to understand what the immediate implications are.
Two short movies were just made with AI for pennies, in hours, both more entertaining than anything Hollywood has splurged onto our screens in some time. (The latest...
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