Sunday Night Reading: Economic Reality, CRE, Buffett’s Cash, More

A little Sunday night reality. You can’t just print money to ‘create’ a thriving economy. You need real productivity and laws and regulations to encourage, not stifle it. And, of course, advisors and leaders that understand this.

— James Lavish (@jameslavish) May 6, 2024

Probably the biggest problem for American industry—and one that just doesn’t get talked about enough—is the complete and total lack of productivity growth over the last 15+ years pic.twitter.com/0Uj5VMsana

— Joey Politano 🏳️‍🌈 (@JosephPolitano) May 5, 2024

The CRE situation in Dallas is pretty dire which Travis and I highlight here

We started outside the permit office which had to be evacuated because they failed to make certain improvements and to properly file permits

Irony at its besthttps://t.co/N3vY2zYRAM https://t.co/H1Byyhy91l

— Melody Wright (@m3_melody) May 5, 2024

“Whole generations can, too, get rich enough to stop working, by betting on an asset price!”

— John Law https://t.co/YydjzF0enr

— Keith Weiner (@RealKeithWeiner) May 6, 2024

The USA, with a massive 800 Military bases across the Globe, most outside of its Sovereign territory

Is telling you that the Russians, who control the largest land mass on Earth, with less than 20 foreign military bases, is an “Imperial power”

Someone’s lying to you. pic.twitter.com/YmSC5SpZLi

— Chay Bowes (@BowesChay) May 5, 2024

Apple has bought back $625 billion in stock over the past 10 years, which is greater than the market cap of 492 companies in the S&P 500. $AAPL pic.twitter.com/9flpZS0Gur

— Charlie Bilello (@charliebilello) May 5, 2024

US consumers are in such great shape that credit card rates are at record highs and delinquencies are back up to where they were in 2012 when the unemployment rate was 8%. pic.twitter.com/xyZV7iDvnx

— Peter Berezin (@PeterBerezinBCA) May 5, 2024

‘The world’s largest food and drinks companies have said that poorer consumers in the US are cutting their spending in the face of persistent price rises, in a sign that the lowest earners are bearing the brunt of sticky US inflation.’ https://t.co/AE1w43UlB4

— Jesse Felder (@jessefelder) April 30, 2024