Listen "Post 323"
Episode Synopsis
Florida is one of the weakest housing markets in America.But prices are still sky-high compared to pre-COVIDNationally, sellers outnumber buyers by half a million.Prices are falling in some areas, but even with prices falling many will remain priced out of the housing market.America’s largest home builder’s sales are accelerating downward.The issue is affordability constraints, but it’s not about mortgage rates.Tesla’s car deliveries fall for the second straight quarter.Robotaxi to the rescue?The Canadian government has rescinded its proposed digital services tax.This is good news for Canadians.US jobs numbers appear to be a mixed bag.But the number of government workers are finally falling.Microsoft lays off more employees.But its share price continues to soar.A look at the wealth of Amazon’s Jeff Bezos and how he achieved it.In Financial Ructions:Social Security in the US will be insolvent in 8 years.And the cost of making it solvent has continued to increase as policymakers perpetually kick the can down the road.Refusing to make tough but necessary decisions.A look at what has been influencing stock market valuations.In our book review of the Way The World Works we look at the economic law of supply and demand and how things happen at the margin.And how the best political leaders don’t take criticism personally but rather as a way to understand the struggles of the electorate.
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.