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NOW – Nobel Prize laureate Professor Kornberg says AI lacks the creativity humans possess and uses only the knowledge it is given: "In the areas that I know, where important discoveries were made, they were contrary to all existing knowledge."
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INSURRECTION: Real talk from insurgents on the stress of being part of ICE Watch. The exposure of their Signal communication network has disrupted their insurgency and they know it
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US condo prices are plunging:
Condo prices fell -1.8% YoY in November, posting their 8th-consecutive monthly decline.
This follows -1.9% YoY drops in September and October, the biggest annual declines since 2012.
Now, more than 10% of condos have estimated values below their most recent sale prices, according to Zillow.
Falling demand and rising homeowner association fees driven by higher insurance premiums and maintenance costs have been behind the recent weakness.
By comparison, single-family home prices continue to move higher, up +1.1% YoY in November, with only 4.5% of homes worth less than their last sale price.
As a result, the gap between single-family and condo performance is now the widest since 2021.
The condo market is in a downturn.
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Condo prices fell -1.8% YoY in November, posting their 8th-consecutive monthly decline.
This follows -1.9% YoY drops in September and October, the biggest annual declines since 2012.
Now, more than 10% of condos have estimated values below their most recent sale prices, according to Zillow.
Falling demand and rising homeowner association fees driven by higher insurance premiums and maintenance costs have been behind the recent weakness.
By comparison, single-family home prices continue to move higher, up +1.1% YoY in November, with only 4.5% of homes worth less than their last sale price.
As a result, the gap between single-family and condo performance is now the widest since 2021.
The condo market is in a downturn.
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NEW: METAMASK ANNOUNCES "INTEGRATION THAT BRINGS TOKENIZED US STOCKS, ETFS, AND COMMODITIES DIRECTLY INTO THE METAMASK WALLET VIA ONDO GLOBAL MARKETS" FOR ELIGIBLE MOBILE USERS IN SUPPORTED NON-US JURISDICTIONS
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Bitcoin still has a large CME gap open near the $84K level.
An upside move this week is likely to fill that gap.
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An upside move this week is likely to fill that gap.
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Debunking left narratives, today's part 428: “White privilege”.
Facts and data simply don’t fit well with left narratives.
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Facts and data simply don’t fit well with left narratives.
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NEW - Jared Kushner and Steve Witkoff to lead Iran nuclear talks with Iranian Foreign Minister Abbas Araghchi, in Istanbul, Friday
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