David Balzarini

@JohnWake @m3_melody I call these "Realatists" it's a hill they will die on. i found that too in 05-06 as markets peaked. same today.

@m3_melody Just remembered a common attitude among real estate agents after prices peaked ~2006. Pessimism was NOT common among top agents. Later, I called them "Everything is awesome agents." The attitude works when selling homes. Market pessimism was really looked down upon by agents.

Was at a housing policy conference yesterday w/ some of the biggest "establishment" names in housing All you heard was shortage, shortage, shortage and hopium that younger gens will somehow soon be able to afford houses On stage I offered to take anyone on a tour No takers

@van00sa Victoria on Netflix was good. 3 seasons.

What’s a good tv series I can get hooked on?

@AlexEdgerton Nice. Racing slicks.

Don't be this guy

@TechOperator Foam cannon. It is the way.

Time to clean my Rocket 🚀

@danielisdizzy And the energy to make it all work comes from where?

Kevin Warsh, the new Fed Chair, just made it clear why rates are going lower: “AI is going to make almost everything cost less. We’re at the front end of a productivity boom. Economic growth won’t be inflationary—we’re in the early innings of a structural decline in prices.” Elon Musk, Sam Altman, even Stanley Druckenmiller all expect AI to be strongly deflationary. The next few years are going to be insane.

Thanks Tesla. Happy to avoid this. ⁦@elonmusk⁩ ⁦@Tesla⁩

@Malone_Wealth Physical oil is 110 last I checked. That price can’t be manipulated like the paper markets.

@ArthurMacwaters i like how you have a DC fast charger marked on that map. so much cheaper.

imagine thinking "billionaires" are the reason you can't afford gas

@Geiger_Capital We failed to take out fridays high. Been a while since we failed to take out prior days high and keep going.

You’re bearish? Trump is going on CNBC tomorrow pre-market and you’re bearish?

@RepLuna @optionsbbq He never was considering the SAVE act, other than to prevent it from passing. He has 30 years left in politics to grift on the American people after trump is gone. He’s planning for that.

Just so America knows, after two weeks in recess, John Thune is no longer considering the SAVE America Act.

@InsiderGeo @TheShortBear And in weeks oil will be 150-200 per barrel. This is a loss.

Looking at Trump's latest post, something's shifting. Tone is completely different from the last 48 hours. No more "no more Mr. Nice Guy," no regime change, no threats on power plants. Instead he's building a comparison with Obama's JCPOA. "My deal will be far better." When a president starts explaining why his deal beats his predecessor's, a deal is usually coming. Notice what's missing. No mention of uranium transfer to the US. No "zero enrichment." No "no money exchanged." All the hard points Iran publicly rejected. He's quietly dropping them without admitting it. Classic Trump pattern, max pressure to get them to the table, then walk back the maximalist positions once they're seated. Same playbook as North Korea 2018, Mexico tariffs, China trade. My read: Trump is already pre-selling the deal that's coming. The fact that he's framing it against JCPOA suggests the final agreement will probably look more like JCPOA than he'll ever admit. Some monitoring, some enrichment limits, probably no physical uranium transfer like he claimed yesterday. Packaged as "the greatest deal in history" for domestic consumption.

@m3_melody when is the FHA foreclosures starting?

In my recent Substack I discuss the first signs of 🚬in Fannie and Freddie mortgages FHA has been suffering for some time. But you may not know FHA delinquency peaked🥇in the last cycle...roughly 2 years before the GSEs Oh, and this is a fun comparison m3melody.substack.com/publish/posts/…

@TheMaverickWS Does that mean they will make that happen?

Crazy...

@JoelCRosenberg @seanhannity A follow of Jesus and a follower of the pope are opposites. Follow one and forsake the other. Only one rose from the dead.

Fox News host @seanhannity — a follower of Jesus Christ and a friend I’ve known and admired for 25 years — has just announced that he is no longer a Catholic. In this commentary, he rightly asks why the Pope is twisting and ignoring the Bible.

@RonFilipkowski @RealtorStarShar Thinking that comes early. Like 3am. That way the market can open green. lol.

Can’t wait to hear about the new “peace deal” Monday around 7:30 AM before the markets open.

Fox: Home foreclosures jumped 26% in the first three months of this year.

@NewswirePatriot except the pope is busy bowing to Allah. breaking the first commandment.

Cardinal Muller claims that "NO ONE has the right to criticize the Pope." ➡️ Do you agree with his statement?

@colin_gladman no one is hedged now. invasion monday?

Unrealized gains is the greatest lie the market ever tells you.

@TheCinesthetic @KeanuTrades I did. It was memorable

Imagine sitting in a theatre in 1999 & seeing this for the first time.