US real estate; Yen surge, tech, bonds, VIX; Energy earnings

Welcome to this week's episode of The Week Ahead with Tony Nash. We have an exciting discussion lined up featuring three esteemed guests:
Melody Wright - @m3_melody
Albert Marko - @amlivemon
Tracy Shuchart - @chigrl

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In this episode, we look at key themes impacting global markets:

US Home Sales
Melody Wright provides insights into the latest data on new and existing home sales, analyzing the volume and value data, price changes, and the hardest-hit and strongest markets. We also discuss rising delinquency rates and whether the current trends signal a market normalization or a potential downturn. Melody addresses the question of whether US real estate is "broken" and what we can expect in the coming months, including the potential impact on the presidential election.

Yen Surge, Tech, Bonds, VIX
Tracy Shuchart & Albert Marko discuss the recent surge in the Japanese Yen and its effects on Asian markets, gold, and other assets. We also explore the recent challenges faced by tech stocks, including significant moves by companies like Nvidia and Tesla. Albert explains the interplay between tech stocks, the VIX, and bonds, and provides insights into what we can expect from bonds and the VIX given the current tech market conditions.

Energy Earnings
Tracy Shuchart covers the latest developments in energy earnings during this earnings season. We examine the performance of major energy ETFs, the earnings reports from companies like Equinor and Oceaneering, and the outlook for services firms. Tracy also provides a forecast for refiners like Phillips 66, considering the slow summer driving season and weakened refining margins.

Timestamps:
00:00 - 01:30 Intro & key topics
01:30 - 07:30 Real estate alarm bells
07:30 - 10:30 Narrative shift in existing home market
10:30 - 13:40 Baby boomer impact on housing inventory
13:40 - 19:40 Institutional impact on home ownership (Blackrock, etc)
19:40 - 21:30 Real estate data collection
21:30 - 24:00 Rents and CPI
24:00 - 28:40 Real estate sales alarming trend
28:40 - 41:30 Mortgage delinquency rates
41:30 - 46:00 Japanese Yen impact on markets
46:00 - 48:45 JPY, Yellen impact on China
48:45 - 53:00 Tech dip, politics & beginning of the end
53:00 - 57:00 VIX and bonds
57:00 - 01:02:56 Energy earnings

This is the 112th episode of The Week Ahead, where experts talk about the week that just happened and what’s coming in markets. Join us for an in-depth analysis of these critical issues shaping the economic and geopolitical landscape. Don't forget to like, comment, and subscribe for more updates and insights!

Guests:
Melody Wright - @m3_melody
Albert Marko - @amlivemon
Tracy Shuchart - @chigrl

Host:
Tony Nash - @TonyNashNerd

#WeekAhead #HomeSales #RealEstate #YenSurge #TechStocks #Bonds #VIX #EnergyEarnings #Markets #Economy #Investing #Geopolitics

[johndegrummond]

Tracy is the best. Glad she is a regular.

[snyderkr]

Loved the real estate explanation/discussion. I've been wondering in the last several weeks about seemingly contradictory indications and narratives, and now I think I have a handle on Why.

I hope Al's right on the $VIX because I'm treating it as another short-the-rip opportunity, although I might have not been as patient as I should have been.

[pdxbeaver]

Great show! Please have Melody back later this year or early next year with an update

[REWatchman]

Heard about the show through Melody, now subscribed!

[johnl.sulpizioii]

Great job, moderator and Melody, wow, really powerful!

[garyvankeppel]

Part of the fall of the USSR was due to inefficient markets. They simply could not value anything properly. Sound familiar?

[richardkut]

Prop 13 in California has me in "Golden Handcuffs". 😢

[cjfinance]

Government data not accurate??? 🤔
I thought only China was manipulating numbers 😏

I lived in these 2 places. I would say that:
- in the US bureaucrats are not well educated, not interested in their job and not disciplined. On the contrary Chinese people in general are very well educated, ver disciplined.
- In China the government understood very quickly the benefits of having informations in REAL TIME, the population in general is extremely IT proficient. On the contrary when in NYC I could see by myself how in efficient were any bureaucracies and infrastructures... Coming from Beijing it was a travel back to the 19th century 😯

At last, no one in its right mind would trust figures given by rivates companies with an interest in this information like Zillow, real estate people or builders 😏 It is like believing a hustler 😁

There would be a market 🤑for real independent information regarding the US real estate...

I don't mind anyway as I live in the UK 😁

[cjfinance]

20% to 40% rise in rent 🤯
Disturbing 🤔

[missunique]

Tracy -why is she there? near zero contribution-she just makes faces!!!lol

[htgeqgj]

Albert is worthless, get someone else.