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Ben Graham's 10 Points that summarize 60 years of Investing experience
Source: MnkeDaniel
As mortgage rates hit 8% for the first time in 23 years, affordability continues to fall off a cliff
The Housing Affordability Index just hit a fresh record low, at ~90. This means that housing affordability is officially down 50% since 2021. Since then peak in 2012, housing affordability is down nearly 70%. Buying a home has become a luxury. Source: The Kobeissi Letter, www.zerohedge.com
Startups are increasingly shutting down
Rising rates, lower liquidity and reduced risk appetite are hurting funding. Difficult business conditions are eroding viability further. Source: Markets & Mayhem
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