So much for stabilization

From Wolf Street:

Pending Home Sales Plunge across the US. Midwest Sees Worst Sales on Record, Northeast 2nd Worst

Pending home sales, which track the number of contracts signed in December, plunged by 9.3% seasonally adjusted from November, to the lowest level for any December on record in the data by the National Association of Realtors, which goes back to 2010. Compared to December 2010, during the Housing Bust, pending sales were down by 21.5%.

The market is now well into its fourth year of the collapse in transactions, and there has simply been no improvement.

Pending home sales compared to the Decembers in prior years (historic data via YCharts):

  • 2024: -3.0% (year-over-year)
  • 2023: -8.1%
  • 2022: -5.9%
  • 2021: -38.2%
  • 2020: -43.2%
  • 2019: -30.6%.

    In the Northeast, pending sales plunged by 11.0% month-to-month, to the second-worst level of sales on record.
  • Compared to the Decembers of prior years:
  • 2024: -3.6% (year-over-year)
  • 2023: -3.5%
  • 2022: -6.0%
  • 2021: -36.5%
  • 2020: -44.5%
  • 2019: -33.9%.
This entry was posted in Demographics, Economics, Employment, Housing Bubble, National Real Estate. Bookmark the permalink.

117 Responses to So much for stabilization

  1. Chad Powers says:

    1

  2. grim says:

    Walking across the ice, crack, crack, crack.

    From NJBIA:

    NJ December Unemployment Holds at 5.4%

    After two straight months of net job losses, New Jersey employers added 5,700 jobs in December and the state’s unemployment rate remained unchanged at 5.4%, according to new data released Thursday by state officials.

    The preliminary New Jersey employment estimates, produced by the U.S. Bureau of Labor Statistics, showed five of nine private industry sectors recording job gains in December. These sectors were leisure and hospitality (+3,000); private education and health services (+2,800); professional and business services (+2,500); financial activities (+600); and information (+300).

    Job losses occurred in trade, transportation, and utilities (-3,200); manufacturing (-500); construction (-100); and other services (-100). The public sector gained 400 jobs in December.

    Over the past 12 months, New Jersey has added 9,000 non-farm jobs, with private sector employment increasing by 9,200 jobs. Only two out of nine private industry sectors recorded net gains in 2025: private education and health services (+28,400) and professional and business services (+8,900).

    Net losses over the past 12 months occurred in construction (-10,200); trade, transportation, and utilities (-9,800); other services (-3,500); information (-3,400); manufacturing (-600); financial activities (-300); and leisure and hospitality (-200). The public sector recorded a loss of 200 jobs over the past 12 months.

    The data released Thursday also revised the previously reported preliminary New Jersey employment estimates for November. Instead of a net loss of 1,700 jobs in November, the revised figure shows a loss of 1,200 jobs. This follows 3,600 jobs reported lost in October.

    The national unemployment rate (4.4%) in December was a full percentage point lower than New Jersey’s 5.4% jobless rate. The U.S. Bureau of Labor Statistics is scheduled to release a state-by-state comparison of December unemployment rates on Jan. 27.

    In November, New Jersey had the second-highest state unemployment rate in the country behind California (5.5%).

  3. Art says:

    National Park Service Dismantles Slavery Exhibit in Philadelphia
    The exhibit memorialized nine people enslaved by George Washington. The Park Service said it was being removed in accordance with a directive from President Trump.

  4. Art says:

    Progressives and maga alike love Blue NJ

    Where else would the live? Oklahoma?

    grim says:
    January 23, 2026 at 6:54 am
    Walking across the ice, crack, crack, crack.

    From NJBIA:

    NJ December Unemployment Holds at 5.4%

    After two straight months of net job losses, New Jersey employers added 5,700 jobs in December and the state’s unemployment rate remained unchanged at 5.4%, according to new data released Thursday by state officials.

  5. Arc says:

    The quality of life of southern maga controlled territories is very similar to that of Venezuela

  6. Fast Eddie says:

    In the Northeast, pending sales plunged by 11.0% month-to-month, to the second-worst level of sales on record.

    Well, if there’s nothing to sell…

  7. Fast Eddie says:

    In November, New Jersey had the second-highest state unemployment rate in the country behind California (5.5%).

    Regulations, fees, taxes, rules, stipulations… what else will drive a business out of state?

  8. Dark Phoenix says:

    Dirty Jobs.

    Net losses over the past 12 months occurred in construction (-10,200); trade, transportation, and utilities

  9. Dark Phoenix says:

    My boy Tommy Homan.

    Son, you a Catholic, are ya? Strict Catholic, ahh, even better me son.

    What a fine lad. And a law man as well. How noble a career, son.

    Now I know, son, that your career makes you a strong lad, but it is the pope and the bishops that run this organization, we work on the highest authority.

    y’ aren’t to fix us son, y’ are to obey. That will be 30 hail Mary’s.

    Homan has publicly clashed with Pope Francis, particularly over criticism of mass deportation plans. In response, he stated, “The Pope ought to fix the Catholic Church” and argued that protecting borders is a moral duty. He also pointed out the Vatican’s own walls as hypocrisy when criticizing U.S. border barriers.

    His views have put him at odds with U.S. bishops, many of whom advocate for more compassionate immigration policies, though Homan maintains that enforcing immigration laws humanely aligns with Catholic doctrine

  10. Dark Phoenix says:

    Today I went to get milk at Walmart, the clerk asked me if I was depressed about the upcoming snowstorm. We spoke for 20 minutes discussing all the aspects of my life, she then said I was okay to purchase the milk. I feel so much better getting a Walmart employee therapy session. I hear they do pets too. All these years I had no idea of the things they went to school for. Save some money, next time you are sick, ask an associate at Walmart to diagnose your swollen ankles and give you the correct treatment.

    A federal jury on Thursday found Walmart negligent for selling a shotgun used in a suicide and awarded the family of the victim — who worked at the store — millions in damages.

    The verdict followed a 10-day civil trial in Maryland that focused on communications among employees inside a Walmart store 45 miles south of Washington. The family of the 23-year-old who took his life, Jacob Mace, said store managers knew Mace was suicidal and did nothing to ensure that he couldn’t buy a gun from the store.

  11. Chicago says:

    Ten 422

  12. Chicago says:

    We had rollers fail which in turn jammed the door and cracked the spring and then the spools all got tangled. We ordered the spring and rollers off Amazon. Yeah, it is kind of a two person-ish job. I had no idea how heavy the door was by A LOT. I guess they use the term spring loaded for a reason. That spring is an amazing thing in terms of how it creates such force to make the door so easily manipulatable. It was a learning experience.

    Juice Box says:
    January 22, 2026 at 11:32 pm
    Fab – The idea of standing on a ladder while trying to torque a spring with two flimsy Chinese made wrenches turning with two of my arms ( on a ladder) tightening each 28 quarter turns is a recipe for disaster.

    I would rather not…I’ll pay extra…

  13. 3b says:

    Juice: (From last night) Davos was a chance for Newsom to shine but he did anything but. He is or was the front runner for 2028, and I just don’t understand it. If Democrats were honest, and left the emotions out of it, and by and measure his administration has been an absolute disaster from top to bottom. The state is a mess. Yet, he is widely popular among Democrats in California because of his so called Progressive policies.
    Hey, I destroyed the state, now I want to do the same for the rest of the country. And millions will vote for him.

  14. 3b says:

    Art/VAG: You know you might want to dial it down with your contempt for MAGA. making fun of where they live, their rural life style, the fact that you believe they are all racists and because many don’t have a college degree that they are stupid and ignorant. Their bowling leagues, and NASCAR, and Lions Club and church on Sunday, Walmart and pancakes etc They how you and so many other on the Left feel about them, and it just makes them stronger and more determined to resist your positions/beliefs.

  15. Dark Phoenix says:

    I’ve never been afraid of a garage door spring, or disassembling a strut assembly.
    You learn to understand them, and treat them with respect.

    Fear is not a way to go through life.

    Educate yourself and be like Mike Rowe.

  16. Dark Phoenix says:

    What I read is that he was blocked out. Can’t shine if security doesn’t let you. Receipt attached.

    Only a 🐈 would fear what he had to say.
    Lots of censorship going on.

    3b says:
    January 23, 2026 at 8:35 am
    Juice: (From last night) Davos was a chance for Newsom to shine but he did anything but.

    Gov. Newsom denied entry to USA House in Davos amid pressure from White House.

    https://www.youtube.com/watch?v=fqhAVEZ-bdk

  17. Dark Phoenix says:

    MAGA

    I like NASCAR, hearing the roar, power of those engines, the stress on those connecting rod bearings.
    Walmart, love it. Always working hard for the average Joe, open late hours, having that glue you need at the last minute for your child’s school project. Discounted gas, 5% off on all purchases, cheap delivery when you are sick or lazy to get stuff yourself, and keeping people employed bringing it to you.

    Lions, don’t know ’em. But the Eagles club has been a good one for years. Pick your spirit animal of choice.

    Church on Sunday. Good for meeting someone of the opposite sex, it has confession booths so have fun and just confess later. Say a few hail Mary’s, then get back to doing the deed on Monday.

    Pancakes, well, not batter in a can, but going to the local firehouse and enjoying those made by the Boy Scouts and supporting them and your local volunteer rescue squads and firemen. Like apple pie and Chevrolet.

  18. Dark Phoenix says:

    The Great Pumpkin says:
    January 23, 2026 at 9:07 am
    Maybe if you didn’t piss it away…

    I think you are on to something.
    Urine contains plenty of sodium.
    Especially with the typical American diet.

  19. Dark Phoenix says:

    League of Justice would have been more cool.

    President Donald Trump has rescinded his invitation to Canadian Prime Minister Mark Carney to join his Board of Peace.

  20. Fast Eddie says:

    Race Cars, cigars, bourbon and guitars…

    This sound: https://www.youtube.com/shorts/ciO3IWatVYs

    I wish he hit the accelerator a bit. When you’re at the track and a single car pits and leaves, when the driver hits the accelerator, the sound is incredible.

  21. 3b says:

    Dark; It was more than being locked out, and the picture with George Soros’s son did not help either, just confirmed what many believe about him. Oh and lots and lots of hair gel,Again why would anyone vote for him after the mess in California, but they will, And they say MAGA is stupid and ignorant.

  22. Dark Phoenix says:

    3b

    Being locked out is everything. Hair Gel vs orange hair combover is a wash.
    George Soros son vs Epstein, the win goes to Newsom. Only a 🐈 is afraid of someone else giving a speech that is better than theirs.

    Chicken shite afraid of words. RIP Charlie Kirk, this is the kind of thing you worked hard for, only to have Trump’s handlers have you dispatched.

  23. Dark Phoenix says:

    Grandma picked out a home from a Sears catalog.

    Grandpa had it delivered, and assembled it himself.

    What happend to American men?

  24. Juice Box says:

    3b & Phoenix – USA House @ Davos does not represent the U.S. government and does not organize official government programming, it’s private and privately funded by donors. It’s not run by the WEF either.

    The main guy in charge @ USA House is ex-hockey player Richard Stromback. He is a VC now. Here is there along with the rest of wall street and their donors like JPM and Microsoft to influence policy.

    I believe Newsom was not approved to speak by their board. I don’t think he was ever on their speakers list. Heck lots of people would love a chance to speak.

    But it’s just more popcorn for the proletariat. Newsom got news coverage that other not-yet-2028 Presidential candidates can only dream about. CNN literally had the microphone shoved up his ass. It’s all a big circle jerk there anyway, rich and powerful all fly in on private jets while talking about preventing climate change. They are all behind the not so green AI data centers and cryto mining now. They probably had a satanic ceremony where they slaughtered the renewable energy mascot and had it’s entrials served for hors d’oeuvres.

  25. White Trash Eddie says:

    What happend to American men?

    Some became liberals.

  26. Dark Phoenix says:

    JB
    great post.

    and accurate.

  27. No One says:

    arc/art,
    You’re pretty clearly out of touch in regards to the satisfaction of people in southern states run by Republican governors and houses.
    Are you ignorant of net migration numbers to Florida and Texas?
    I guess it’s not happening in your purple-haired circles.

  28. Dark Phoenix says:

    Are you ignorant of net migration numbers to Florida and Texas.

    Seems to me the people that migrate made/make their money where they migrated from, then migrate to not pay taxes on it.

    NJ teachers for instance. Make their money and collect pensions paid in NJ, but then later, when they retire, don’t want to pay the same taxes as the people they are taking it from, so scurry off to Fl.

  29. Fletch says:

    10:27 taking about places that always have their hand out.

  30. White Trash Eddie says:

    10:42,

    10:27 taking about places that always have their hand out.

    Like the Montclair school district?

  31. No One says:

    People aren’t serfs that are property of the state, even though the NJ government seems to think they are. People have already paid taxes on incomes earned in NJ. NJ and California leftists thinking of walling people in like Eastern Germany in the 1961?
    The problem with NJ government pensions isn’t about where they go to spend them, it was making them too generous in the first place.
    Anyway, future pensioner Pumpkin promises to never go back to Florida, he’ll be spending his pension and incredible crypto riches right here in NJ, and dutifully paying all those state income taxes on his gains.

  32. Juice Box says:

    No One – I believe the correct saying is “willfully ignorant”.

    That defense mechanism is used to protect the core of themselves, that nothing else can be true than what I think and say. They avoid the pain of cognitive dissonance this way and they will protect their specific worldview even at the cost of their own sanity. Little do they realize that repeating falsehoods over and over and over (especially online) is a sign of mental instability.

    The South is the most racially diverse region in the United States.

    The South also leads the U.S. in population growth.

  33. Dark Phoenix says:

    White Trash Eddie says:
    January 23, 2026 at 10:47 am
    10:42,

    10:27 taking about places that always have their hand out.

    Like the Montclair school district?

    Like the Ukrainian “unelected” president?

  34. Dark Phoenix says:

    The South also leads the U.S. in population growth.

    Cause latin women like to have families as opposed to being self centered and greedy like northern women.

  35. Chicago says:

    Filmed in Newsom’s CA. Look what climate change has done to

    https://m.youtube.com/watch?v=lHomCiPFknY&list=RDNBfefZa0IHQ&index=2&pp=8AUB

  36. Libturd says:

    I’m listening to Newsom’s interview now. I think it’s excellent. And yes, California is a mess. So was most of Trump’s businesses. He sounds a lot like me.

  37. The Great Pumpkin says:

    Lib,

    Give it a listen…open up your mind.

    https://x.com/johnlefevre/status/2014582965930525118?s=46

  38. The Great Pumpkin says:

    If I can afford to retire in NJ, then I know I made it. See what happens.

  39. Fast Eddie says:

    I’m 10 minutes into the Davin Newman speech. So far:

    – Freedom of speech in US is suppressed and statues are being erased
    – Trump and SS are dragging people from houses
    – Corps are complicit to some degree
    – knee pads

  40. Libturd says:

    On the Montclair School district. There is no excuse for it. What occurred is no different than what happened with the MTA with a little bit of DEI backfire built in.

    First, Montclair is a terrible place for Supers. They all are run out of town in disgrace from not pleasing all of the different parties that exist in town which is impossible to do. Why anyone would take the job is beyond me. Second, the BOE can never say no to anything or anyone. This, combined with a history of the financial office not having a clue as to what the real-time status of the budget is, is a recipe for disaster, which it truly is. Third, Montclair has a lot of 100 year old schools with huge infrastructure issues. The town recently floated a huge bond to start fixing these issues, which was voted on by the residents, but it already caused huge tax increases locally. Fourth, the infrastructure issues which caused school closures, asbestos issues, a stairway collapse, etc, pissed off a lot of parents. This all occurred right after Covid and Montclair was extremely slow to get the kids back into school. All of this combined caused a lot of parents (mainly the white ones) to send their kids to private school so the public school population dropped a lot. Enough to easily close a school. But Montclair did not adjust to the reality. Fifth, the Super recently is a black man. The township hired a black financial manager from East Orange? or South Orange who was run out of her position for completely fucking up their budget. She then did the same to Montclair. The problem here is that you can not even complain about the supervisor or his hire (approved by the BOE of course) because they are black. That’s a huge nono in Montclair.

    So that’s really what happened. In short, the BOE can’t say no and the leadership sucks. Pretty much why we moved out 15 years ago.

  41. Libturd says:

    Gary,

    It’s pretty much everything I’ve been saying here for the past 10 years. It’s a big show and America is worse off for it. Those he was supposed to help, he’s ignored. Just making the rich richer and setting unbreakable grift records simultaneously.

  42. The Great Pumpkin says:

    I respect Bessent not because he is competent and brighter than 99.9% of the people who have ever served in elected office.

    I respect him because he volunteered to take a job that he knew would cause him to be despised by the social circles he has spent the last thirty years immersed in.

    Even in a best case scenario where we successfully decouple a large contingent of his former colleagues in Europe and Asia will despise him.

    A gay hedge fund manager who spent most of his career in NYC and London and who has teenage children.

    But he saw a problem that needed fixing and gave up tranquility by stepping up.

    He didn’t need the prestige. He had that in spades given his career.

    And at the end of this if he is successful most people won’t appreciate the complexity of what they have (hopefully) pulled off.

    No one will talk about stablecoins, swap lines or issuance schedules in the history books.

    Trump will probably get most of the credit.

    And that is fine by Bessent. Seems like all he wants is to leave a country behind for his children that is stable again without an overhang of eroding hegemony and everything that is downstream of that.

    Respekt 🫡

    https://x.com/tmtlongshort/status/2014481345875960155?s=46

  43. Fast Eddie says:

    I had to pause:

    He came to Davos to point out the indignant and reckless behavior of Trump. He ran to another country to point out the “Rule of Don.”

    He was red-faced by mid speech because he was ‘passionate’ as he put it. No, he was red-faced because he’s constantly playing defense. And why is he crossing his legs like a chick?

    He threw Texas under the bus, avoided the massive deficit question in Cali… whatever. I’ve seen enough. He could just as well post on this forum as a lefty and fit right in. Trump sucks is the summary and you could smell the seething anger from your keyboard. He’s a ‘playa’ and inauthentic.

  44. Libturd says:

    It will be interesting to see where it all settles.

  45. Fletch says:

    I smoke my smoke, drink my drink, and thank the lord I’m in Caaaalifornnia

  46. Libturd says:

    Another friend of mine just let go at the AP. They are outsourcing his team. I am now one of six close friends, all in their 50s, all let go in the past 6 months. None have found a replacement. One did, but was let go a month later do to the team folding.

    Anecdotal???

  47. Dark Phoenix says:

    The boys going to Texas. What island are the little girls going to now that Epstein island is closed for business?

    A five-year-old Minnesota boy controversially detained by Immigration and Customs Enforcement (ICE) during the arrest of his father has been transported to a detention facility in Texas, officials say.

    Liam Ramos was seen in images that circulated social media this week wearing a bunny-shaped beanie with tears streaming down his face while being held by his backpack, as ICE agents descended on his home.

  48. Dark Phoenix says:

    No country for old men.
    No country for 5 year old children.
    No safety for girls by grabbers.

    Libturd says:
    January 23, 2026 at 12:45 pm
    Another friend of mine just let go at the AP. They are outsourcing his team. I am now one of six close friends, all in their 50s, all let go in the past 6 months. None have found a replacement. One did, but was let go a month later due to the team folding.

    Anecdotal???

  49. Dark Phoenix says:

    OTOH

    The evil Chinese just delivered my high power battery storage bank that will give me plenty of juice if the lights go out at my place. Great price, works perfectly.

    I need to fear these Chinese. It might be a spy device. Be afraid of these power supplies and garage door springs.
    But don’t fear things like Pegasus and Cellebrite. Two things, by the way, that if used correctly can make you the most perfect stock pickers imaginable.

  50. Libturd says:

    I still have my gas generator from before Sandy. She started first pull yesterday. I run it every month and replaced the carb recently, so no surprise.

  51. Dark Phoenix says:

    Fletch
    Bakersfield
    Where good country music was made.

    Good ol’ Buck Owens.

  52. Fletch says:

    I like Paso Robles

  53. Dark Phoenix says:

    And Scott Bessent likes Sniffies.

  54. Fletch says:

    12:45 the benign indifference of the universe

  55. Fletch says:

    1:10 to actively work to undermine your very own “lifestyle” – and outlaw the very act others pushed hard for. No pun intended. truly soulless
    Also EW David

  56. Fast Eddie says:

    Silver over $101 per ounce.

  57. Dark Phoenix says:

    Fast Eddie says:
    January 23, 2026 at 1:13 pm
    Silver over $101 per ounce.

    USD becoming worthless.

    If u have job, ask for raise.

  58. Juice Box says:

    My garage door repair man just left. For $50 cash he added a clamp to the broken spring and tightened it. It is working again just fine with a silly clamp. I am however still changing the springs on both garage doors anyway, as we don’t fill our garages with crap we actually park our cars. My garage doors BTW are triple sealed and weigh 200 lbs each. No wonder the spring snapped, I don’t want one of those landing on my car or me that is for sure.

    $20 buck clamp on Amazon… https://tinyurl.com/3x2t84em

  59. Juice Box says:

    Gold ever so close. $4,982

  60. 3b says:

    LiB: I have to say I am surprised you think Newsom’s s speech is excellent. But of course you are entitled to your opinion. You acknowledge California is a mess and in the same breath it is what about Trump. Well, we know about Trump. The Democrats are supposed to be the quiet competent adult alternative, when in fact they are not.Newsom is supposed to be the steward of the world’s 4 the largest economy, well his stewardship is not working.

    If Newsom is all the Democrats have to offer in 2028, then the country is screwed again and the Republicans just might win again.

  61. Libturd says:

    Again, what does it usually mean when precious metals hit records?

    It’s all a show for Trump to get rich. I can’t believe the world is falling for it.

  62. Libturd says:

    3B,

    Remember, your choices are run-of-the-mill political corruption vs. real risk to the future of our country. I can’t stand the corruption, but I’d like to be around a while longer. Yeah, it’s a shitty choice. Though, I am hopeful the Dems will have learned something from Trump. They really do need to look into all of the giveaways. But I’ve always had this position. Trump is simply wrecking our country and everything we used to stand for.

  63. 3b says:

    Lib:It is not anecdotal , there are layoffs going on and packages . Middle management seems to be where the ax is falling hardest, and yes on 50 year old’s too.T

    They don’t want to pay the money, and I think some view those that are willing to work for less as suspect. Others view them as hard to train or set in their ways.

    I know two 30 somethings one corporate retail was out for months just got a spot at a European retail firm, that is temporary,hoping it leads to full time. Another ones department was replaced by AI got another position outside of his field and for less money but is glad to be working. And yet and all people are still spending money.

  64. 3b says:

    Lib: I don’t disagree with most of what you say, but Trump did not arise in a vacuum, much as the most Democrats wish to deny it. If all they can offer up as President is Newsom, then someone like Vance or Rubio will have a field day ripping him apart on how he has handled California’s economy. Of course if the wheels come off it all between now and 2028, the Dems can run whoever they want, and it took will be a disaster for the country.

  65. Libturd says:

    “And yet and all people are still spending money.”

    Orangeman is all about takings risks. Sadly, he won’t be there to bail them out when the King’s undressed.

  66. Libturd says:

    At least I see Newsom as fighting back. The rest of the establishment Dems can go fuck themselves.

  67. The Great Pumpkin says:

    You have to be insane to not sell gold here. Yet, lemmings still buying. WTF are you going to do with gold if you buy now? You get no interest and it’s highly likely to pop any day now. You see how hard it went up in that chart….chances are it will crash just as hard.

    LEMMINGS. Once you understand that the majority of the market participants are lemmings, you will be able to make money off them. Doesn’t matter what market, it’s all the same. All driven by human nature and herd mentality with fear or greed. Never changes.

    Best part….gold bugs rip on crypto degens….like wtf….like you are any differerent from crypto market participants. GTFOH. Lmao.

    Chad Powers says:
    January 23, 2026 at 1:57 pm
    Poland is increasing their gold reserves. They have more gold than the ECB!

    https://www.euronews.com/2026/01/20/poland-has-more-gold-than-the-european-central-bank-and-has-no-intention-of-slowing-down

  68. Art says:

    Southerners living in the south are consistent. And I have nothing to say about them.

    Menstruating rightwinger male boomer living in blue states will never move to the south. Hypocrites who enjoy high quality of life in progressive NJ

  69. 3b says:

    White liberals who are really racist, are also consistent. Just ask Mamdani’s Chief Equity Officer. She was spot on with that comment.

  70. RentL0rd says:

    I was looking at office spaces offered by Regus today. Never seen so much inventory. Steep discounts. Commercial property is f@cked.

    Thank you Donnie.

  71. Libturd says:

    For once, I agree with Pumps. I don’t think the world is ending yet. But when ICE starts screwing with non immigrants, all bets are off.

    Seriously, I think Trump’s day of reckoning is coming soon. Even the market looks incredibly toppy. The Nasdaq hasn’t moved since early October.

  72. Libturd says:

    I agree about the price of gold.

  73. Juice Box says:

    Pumps – On the gold thing well Tony the enforcer came by today to pick up money from me for the large loan I took out from his boss to buy Bitcoin in October on your advice.

    I handed him my gold coins to cover this months Vig. The loan shark wants to know when you think Bitcoin is hitting those October highs again?

    He’s looking to invest… or maybe just curious about your ‘genius’ investment strategy. So when will it recover? What day do you expect it to get back to $126,000. I bought in at $125,000 and it’s sitting at $90,000 now..so I am still down 28%…. So when is it coming back? When Pumps when is it coming back? I am running out of things to sell. I traded in the diamond for a zirconium, I liquidated the IRA and I even gave up my precious gold coins to prevent Tony from breaking my legs…When can I expect to be made whole on my Bitcoin investment? When oh when Pumps?

  74. Fast Eddie says:

    The Nasdaq hasn’t moved since early October.

    It’s up 22% since Trump’s inauguration.

  75. Fast Eddie says:

    I was looking at office spaces offered by Regus today. Never seen so much inventory. Steep discounts. Commercial property is f@cked.

    Strong Leasing Activity: Manhattan office leasing volume in 2025 hit its highest level since before the pandemic, with nearly 42-43 million square feet leased. This marks a more than 25% increase over 2024.

    “Flight-to-Quality”: The rebound is primarily driven by an intense demand for top-tier, amenity-rich, and sustainable “trophy” buildings. Companies are using high-end office environments to attract talent and encourage employees to return to the office.

    Record Rents for Premium Space: The luxury office market is booming, with a record number of leases signed at over $100 per square foot in 2025, pushing ultra-premium rents to a five-year high.

    Decreasing Availability Rates: The availability rate in Manhattan’s Central Business District (CBD) fell to roughly 14% by late 2025/early 2026, down from 18% in mid-2024, significantly outperforming the national average. Midtown Manhattan’s availability rate also reached a four-year low in Q4 2024.

    Investment Resurgence: Investment activity saw a sharp rebound in Q4 2025, with office transaction volume increasing by more than 26% year-over-year.

  76. Dark Phoenix says:

    So sayeth the shepherd, so sayeth the flock.

    must be funny arresting the clergy you visit on Sunday mass. a bit awkward.

    well, it would be interesting if these clergy actually had access to higher powers, have God zap some things that need to be eliminated.

    Naah, that’s all just a fairy tale….

    Roughly 100 clergy were arrested without incident during a protest against deportation flights at Minneapolis-Saint Paul International Airport on Friday, as an economic protest of the Trump administration’s immigration operations in Minnesota shuttered hundreds of businesses in the Twin Cities.

  77. No One says:

    This is so funny coming from pumpkin. He has done all the below multiple times, thinks he’s now wiser, yet he can’t even see that it applies to his current idée fixe.

    “You have to be insane to not sell gold here. Yet, lemmings still buying. WTF are you going to do with gold if you buy now? You get no interest and it’s highly likely to pop any day now. You see how hard it went up in that chart….chances are it will crash just as hard.

    LEMMINGS. Once you understand that the majority of the market participants are lemmings, you will be able to make money off them. Doesn’t matter what market, it’s all the same. All driven by human nature and herd mentality with fear or greed. Never changes.”

  78. Dark Phoenix says:

    hehe parallels

    Tehran is carrying out its most repressive crackdown in decades. Reports have emerged of beatings, sexual assaults, raids on hospitals, rounding up children and the seizure of property owned by those who backed the protests.

    Trump is carrying out his most repressive crackdown in decades. Reports have emerged of beatings, sexual assaults, raids on hospitals, rounding up children and the seizure of property owned by those who backed the protests.

  79. The Great Pumpkin says:

    No one,

    Seriously, karma will come for a pos like you.

    Instead of acknowledging how much I have learned and improvex over the last decade, you instead choose to belittle me. Yea, you are a man of logic. Get real. A fraud.

    Every single time gold has performed like this, it has set off crypto. Every single time…yet this time is different. Got it.

    I am continuously trying and learning from past mistakes…yet, you chit on me.

    What’s going to happen? You are telling me to buy gold here? Or are you telling me to be a pussy and give up? F off!

  80. Juice Box says:

    You tell him Pumps…No double down on Bitcoin…Sell grandma’s house and go all in…Don’t worry we won’t tell your wife. You don’t worry about what she thinks anyway you ain’t no pussy and aren’t about to take orders from one either!

  81. Libturd says:

    How much are tiger wood railings worth?

  82. The Great Pumpkin says:

    Juice,

    You know what…thanks. You guys give me the fuel to prove you f’kers wrong. Thank you. Priceless. Appreciate it.

  83. 3b says:

    Sherill declares state of emergency for snow storm.

  84. Art says:

    We take extreme weather seriously because keeping New Yorkers safe and informed is the job.

    – Mayor Zohran Mamdani

  85. Art says:

    Remember that Republicans shut down FEMA.
    They are bad at governing

  86. Boomer_Remover says:

    I swear, there is no greater ill in this world than bing.com. FFS, why don’t they just shut it down.

  87. The Great Pumpkin says:

    You have ONE life to live. ONE. At least I have the balls to take risks to change my life. You pussies will die having taken no risks because you are afraid to lose money. One day you will realize in old age that you are the one that lost because you never had the balls to take a risk…too scared to fail. Pussies!

  88. The Great Pumpkin says:

    And that’s fine if you don’t want to risk….it’s okay to index fund and buy gold. Just know that’s pussy chit. You had one shot at life, and chose to live it in fear. Sure, when you are 70 you will brag about how much your index funds made you. Too bad you can’t do anything with it at that age.

    Meanwhile, if i am successful, I will feel good knowing I took my shot and I made it. It’s not about money. It’s about pushing yourself in life…that’s living. Taking risks means you are alive. And if you take enough risks, you will hit. How many guys failed at business, and then hit on later attempts….most of the best failed and then succeeded. Look at steve jobs…got fired from his own company. Did he cry about it? No, he came back stronger and wiser….he took his company back and made it the most successful company in the world. He changed lives…

    So go f yourself for putting me down for taking a risk. America was built on this.

  89. DJTee says:

    Lived my life making sweet sweet love to children on Epstein Island.

  90. Art says:

    Kanye West was pissed Republicans wouldn’t allow FEMA help New Orleans after suspiciously blowing up the levies

  91. Boomer_Remover says:

    Pumps… you’re a teacher. What do you know about risk, pension man?

  92. Libturd says:

    He takes a risk every day. Will there be a spot in the faculty lot or not?

  93. The Great Pumpkin says:

    Enough to know that you should be rotating out of gold and into crypto.

  94. The Great Pumpkin says:

    Poor lemmings…

    “Retail investors are piling into gold and silver funds at an accelerating pace:

    Individual investors posted a +$95 million net inflow in the largest gold ETF, $GLD, on Tuesday, the largest since October 2025.

    By comparison, the largest daily inflows in 2025 were in October and April, at ~$150 million.

    Retail investors have net bought $GLD for almost every single day in 2026.

    As a result, retail net inflows are up to ~$370 million YTD.

    Meanwhile, silver-linked ETFs saw a record $922 million of retail inflows over the last 30 days.

    The retail rush into precious metals is accelerating.”

  95. Dark Phoenix says:

    Starmer is a 🐈. How can any of his military respect him? He just pissed in their face. What do the handlers have on him?

    But Trump told Fox News on Thursday that he was “not sure” the military alliance would be there for the US “if we ever needed them”.

    “We’ve never needed them,” he said, adding: “We have never really asked anything of them.”

    “They’ll say they sent some troops to Afghanistan,” he said, “and they did, they stayed a little back, a little off the front lines”.

  96. SmallGovConservative says:

    3b says:
    January 23, 2026 at 8:35 am
    “Davos was a chance for Newsom to shine but he did anything but.”

    As Bessent so accurately put it: empty-suit Gav is in way over his hairdo!

    “He is or was the front runner for 2028, and I just don’t understand it. If Democrats were honest, and left the emotions out of it, and by and measure his administration has been an absolute disaster…”

    The Dems have no one better. There is literally no one left in the modern Dem party that cares about good governance and law-abiding, tax-paying citizens. Think about it, who should they choose instead: TamponTim, Carmella, AOC, Mamdummy, Pocahontas, Fat Leticia???

  97. Art says:

    Can’t use shitcoin if power goes out this weekend

    The Great Pumpkin says:
    January 23, 2026 at 6:05 pm
    Enough to know that you should be rotating out of gold and into crypto.

  98. SmallGovConservative says:

    Libturd says:
    January 23, 2026 at 11:58 am
    “On the Montclair School district. There is no excuse for it. What occurred…”

    No need for all the gibberish. We all know what happened — Democrat ‘governance’!

  99. SmallGovConservative says:

    Libturd says:
    January 23, 2026 at 2:01 pm
    “your choices are run-of-the-mill political corruption vs. real risk to the future of our country.”

    Spoken like a true coward! I remember when you used to say that you were a Republican; I think that was when you also told us that you reminded yourself of Fabio…

  100. SmallGovConservative says:

    Fletch says:
    January 23, 2026 at 12:41 pm
    “I … thank the lord I’m in Caaaalifornnia”

    So do we! We’ve seen what useless, emasculated putzes like you have done to the place.

  101. Lebowski says:

    Yeah well that’s like your opinion, man.

  102. SmallGovConservative says:

    For NoOne — and maybe Lib if he thinks about anything other than DJT…

    Thoughts on SpaceX as a long-term investment — as in buy it when it IPO’s and plan to leave it behind for the heirs?

  103. Dark Phoenix says:

    Teacher, teacher, teach me love

    https://www.youtube.com/watch?v=leiX9c5fqhw

  104. No One says:

    Sorry, without a prospectus, I have no real idea. Off the top of my head, the valuation sounds excessive, so much higher than any other defense contractor or aerospace company. Are their profits so much larger?

  105. Art says:

    Rightwingers are freaking out about Newsom

  106. The Great Pumpkin says:

    My two cents on space x: obviously going public for a cash grab. I would bet on this working out long-term because this is not a cash grab to enrich oneself/insiders, it’s a cash grab to rapidly grow said company. Musk wants to get to Mars as quickly as possible. Everything he does from Tesla to this; it’s for that goal. That’s his dream. That’s his mission.

    He’s brutally efficient at running and scaling companies…

  107. The Great Pumpkin says:

    Too late Powell knows this too…

    “Two widely accepted truths:

    1. Raising taxes is deflationary

    2. Tariffs are a tax

    Yet consensus refuses to correlate the two and only believe they create long-term inflation.”

  108. Dark Phoenix says:

    believe them, they don’t lie

    ICE detention staff reported death of restrained man as a suicide
    The statements to 911 operators the night Geraldo Lunas Campos died appear to conflict with autopsy’s later finding of homicide.

  109. The Great Pumpkin says:

    Like you have to be blind to not see deflation coming in hard. People crying about inflation still are the lemmings lost in the woods.

  110. The Great Pumpkin says:

    If aliens arrived on Earth and tried to understand our financial system. 🤣

    https://x.com/wallstreetmav/status/2014660594905821574?s=46

  111. The Great Pumpkin says:

    Time for DNA to shine.

    “The bull run for stocks won’t be the Mag 7 going parabolic again, it’s going to be the stocks down 60 to 70% that have been crushed from inflation, high interest rates, market volatility, covid, etc. That’s the least crowded trade right now and it’s already starting.”

  112. Art says:

    This is Menstruating Crazy Eddie greatest fear,
    they want to take his Privilege.

    Bad Bunny to ‘honor queer icons’ at Super Bowl halftime show after MAGA backlash
    Bad Bunny is planning to honor Puerto Rican queer icons during his Super Bowl halftime show by wearing a dress during his performance, a source has claimed

  113. Boomer_Remover says:

    Voted most likely to pick up a camera and not a bat if came home to find Musk or Trump railing his wife: The Great Pumpkin

    Runner up is US Gary, but I don’t know what’s going on there, could be a TV dinner laz-boy situation thing.

    Both seem to have an unexplained deference toward males who project a strongman persona.

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