Business
Homebuyer Challenges
Tom Shapiro, GTIS Partners President & CIO discusses how rising mortgage rates and supply-chain disruptions have begun to …
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Business
Humanoid Robots Put China Ahead in Tech Race
China’s humanoid robot makers now control 97% of global shipments, giving Beijing an early lead over US rivals. But can they become everyday tools?
At the World Robot Conference in Beijing, robots sort boxes, handle laundry and bag clothes, as Allen Wan finds out.
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Business
‘We Got What We Needed From This Speech,’ Says Citi’s Kate Moore
Citi Wealth CIO Kate Moore joins Bloomberg’s Lisa Abramowicz and Tom Keene from Jackson Hole, Wyoming.
She reacts to Fed Chair Kevin Warsh’s debut Jackson Hole speech.
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Business
Trump Ally Says Fed Should Hold Rates Steady
Former Trump Senior Economic adviser Stephen Moore is on Bloomberg This Weekend and says inflation remains too high for the Federal Reserve to cut interest rates, breaking with President Donald Trump’s repeated calls for lower borrowing costs and arguing the central bank should hold rates steady for now. Moore also warned hosts Christina Ruffini and Bailey Lipschultz that elevated oil prices and the escalating US Canada trade fight pose risks to the economy and Republicans heading into the midterm elections.
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Business
Trump Renames Lake Ontario as Lake America, Says Canada Is Ripping Off the US
President Donald Trump signed a directive renaming Lake Ontario as Lake America effective immediately. “Canada has been ripping us off for a long time on trade,” Trump told reporters in the Oval Office when asked what message he was sending to the US’s northern neighbor.
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Business
What to Know About Trump’s Sweeping New Tariffs
The US extended a 10% tariff baseline hitting most major trading partners, prompting pushback from countries around the world. #trump #politics #news #usa
The US Trade Representative’s office laid out how it will collect duties of 10% to 12.5% on imports from almost 60 countries and the European Union, effective Friday.
The rationale was that the targeted economies failed to prevent forced labor in their supply chains, according to the US Trade Representative’s office.
Read more: https://www.bloomberg.com/news/articles/2026-07-24/trump-extends-10-tariff-baseline-in-broad-use-of-trade-powers
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@johnjohnson9918
January 13, 2024 at 5:44 pm
Low demand then over supply, not the other way around! 2005 these guys all said I was crazy to sell all my land… it’s called denial
@heileopold6122
January 13, 2024 at 5:44 pm
15 mil of homes are sitting empty. Only if owners are forced by high capital costs, these houses will be sold.
@mailtojarriya
January 13, 2024 at 5:44 pm
Home price still increasing indefinitely.
@thinh1790
January 13, 2024 at 5:44 pm
just build more apartments complex
@brianoleson9224
January 13, 2024 at 5:44 pm
why didnt tom shapiro mention that we have a 40 year high in housing being built more then 2010 , 2000s , 1990s no surprise he wont say that right guys???
@mikehawk4856
January 13, 2024 at 5:44 pm
If there are no buyers then how is there a housing market
@redskinjim
January 13, 2024 at 5:44 pm
Jobs pay less and less while everything goes up. The minimum wage in california is 15.50 skilled jobs pay 20 bucks ? How on earth can you live on 20 bucks per hour its ridiculous rent is 1500 a month
@michaelpugliese13
January 13, 2024 at 5:44 pm
Bs!! Slow down has already began.. buyers are priced out.. don’t make excuses that are false narratives.. builders do not want to get stuck with inventory when market corrects; leaving builders stuck holding inventory at interest only construction loans and zero profitability in the sale. Buyers are priced out and builders know it.
@jesusgonzalez-zm6cv
January 13, 2024 at 5:44 pm
「目標を指定してお金が必要」、
@chrisbell7253
January 13, 2024 at 5:44 pm
U c too don't you
@crypto_que
January 13, 2024 at 5:44 pm
Identifies “Supply as an issue” 6min into the interview he switches up & says supply is not an issue. Can’t believe them about anything they say when double talk is the nature of the business.
@naveenn7591
January 13, 2024 at 5:44 pm
The main reason why houses in different geographies of US suddenly appreciated is due to the impact of Trump SALT act on high taxation states, pandemic resulting in NY/NJ/CA exporting high house price inflation to other geographies ….
@MegaKamandi
January 13, 2024 at 5:44 pm
whos psycho enough to buy a house in this economy
@followerofjesuschrist.
January 13, 2024 at 5:44 pm
"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17,.,
@hochentis
January 13, 2024 at 5:44 pm
I believe many people buy houses to oppose unjust yearly rent increase
@davidlevingstone831
January 13, 2024 at 5:44 pm
People want a house they can afford, most people are not*** working from home 🙄
@mujinarokko1796
January 13, 2024 at 5:44 pm
Unlike stocks, housing is directly connected to people's living. If the money game affects housing negatively, FED may think that they need a crisis to let people, who lost their home, calm. They feel good watching some riches lose money, even most riches are getting even richer. It is jealousy.
@joaminow6943
January 13, 2024 at 5:44 pm
lumber prices are down 30% this month. Other materials are now heading south as well. This guy is putting lipstick on a pig.
@subaru4me
January 13, 2024 at 5:44 pm
Iflation is transitory, the fed will only raise rates .25% at a time…… housing won't crash, demand is too hiigh. Those build to rent communities had all better be landscaping included or those neighborhoods are going to look aweful.
@Dc-sl3up
January 13, 2024 at 5:44 pm
All renters need United as army and fighting for new nation Islamic Emirate states of America with sharia laws.
@st_eunice8818
January 13, 2024 at 5:44 pm
Thank you FED. You made it.
@TheBerlyn186
January 13, 2024 at 5:44 pm
7:30 built to rent wow never own a place
@TheBerlyn186
January 13, 2024 at 5:44 pm
What about the layoff issue?
@albertoperin402
January 13, 2024 at 5:44 pm
Another criminal
@jzmcgriggs8652
January 13, 2024 at 5:44 pm
Eat the Rich
@webdeuce
January 13, 2024 at 5:44 pm
Really really really good question = YEEEEEPPPPPPPPP :)))
@kamilasfour
January 13, 2024 at 5:44 pm
He doesn't point how that corporations have been buying 25% of the homes. That's our biggest problem. Not new homes sales. These guys are something else. They all trying to cover their butts
@lauramyers4547
January 13, 2024 at 5:44 pm
Why would anyone buy a house right now? It’s the dumbest thing ever and that’s a fact.
@danielhutchinson6604
January 13, 2024 at 5:44 pm
Until people begin to understand that Victoria Nulands War is costing much more than the projected profits they promised, we will see more inflation…..
The Sanctions are coming back to haunt The US as well as the rest of the Planet.
Driving Russia out of business simply because they were difficult to compete with, seems to be a pretty lame excuse for the Failure of US products?
But exploiting European Consumers is not a good way to make friends, and soon the US will have to face the world and admit that the Project for the New American Century,
is a dismal failure?
@starless9
January 13, 2024 at 5:44 pm
7:50 build to rent huh? So the average person won’t even own anything – just hand over the $$$. What I love is how he paints this as a personal lifestyle CHOICE to have no assets, no equity.
@viviangall1786
January 13, 2024 at 5:44 pm
Many investors/traders advice – that at the start of the bear market, you should sell and buy later on. My question – How do they know at the beginning of the correction – whether stocks would fall by 5%, 10%, 20%, 30% or more?
@baodongbaotao5060
January 13, 2024 at 5:44 pm
idiot: layoffs == foreclosures == housing crash
@DirectX3
January 13, 2024 at 5:44 pm
Tax the rich. They are thief.
@smeff099
January 13, 2024 at 5:44 pm
This guy just nailed the great reset talking points and was excited about it.
You'll own nothing, and you'll be happy.
@firedup4653
January 13, 2024 at 5:44 pm
Full of shit Tom. But keep telling yourself that
@flyingdutchman1352
January 13, 2024 at 5:44 pm
No slow down yet just fewer mortgage applications, fewer sales and increased inventory. No crash coming. Just let me sell my condo real quick and ask me again next month. Oh and those million plus homeless Americans living in a van… Nothing to worry about… Let's send 40 billion to Ukraine
@fuckyou96
January 13, 2024 at 5:44 pm
The prices of homes nowadays is way ridiculous. Who tf can afford $300k homes ? And why does anyone think that's acceptable ? Houses 2 decades ago were $70k. Peoples salaries never got that high. Newsflash. 95% of America lives check to check. It's like all these rich people live in illusions or something. Lol
@davidoconnor393
January 13, 2024 at 5:44 pm
Accurate title would read world Bank it takes control of inflation and world economy but that would be anti-semitic wouldn't it I'd be hurting somebody's feelings
@avrahamavraham5977
January 13, 2024 at 5:44 pm
What a liar what does the war in Ukraine have to do with his home building experience I don’t trust this guy
@-TheOracle-
January 13, 2024 at 5:44 pm
Inflation is nothing compared to what comes when Xi Jinping begins to repatriate Taiwan.
@gopalrathi9810
January 13, 2024 at 5:44 pm
There is value in printing trillions of dollars 😜😜
Propoganda can't Stop it
Short it hard !