REAL ESTATE IS FAR DOWNSTREAM FROM FED POLICY, WITH MANY ECONOMIC ACTORS IN BETWEEN, ESPECIALLY COMPARED TO LARGE CORPORATIONS WHO HAVE ACCESS TO FINANCIAL DARK POOLS AND THE MANY FED PROGRAMS!
THIS MAKES IT MUCH HARDER FOR THE FED TO PROP UP REAL ESTATE VALUES AND MUCH EASIER TO PROP UP THE VALUE OF CORPORATE STOCK AND DEBT!
THIS IS SIMILAR TO THE SMALLER COMPANIES IN THE RUT, WHO MUST ACCESS CONVENTIONAL CREDIT MEANS, AND THUS ARE SUFFERING MUCH MORE THAN THEIR TECH COUNTERPARTS IN THE NDX!
LENDING STANDARDS ARE TIGHTENING FOR MAIN STREET, AND IT IS ONLY A MATTER OF TIME BEFORE THIS TIGHTENING REACHES ALL LEVELS OF THE ECONOMY! THE FED WILL NOT BAIL OUT YOUR AUTO LOAN OR CREDIT CARD, AND EVENTUALLY BANKS WILL TIGHTEN LENDING CONDITIONS FOR EVEN THE LARGEST OF ENTITIES, IF THEY HAVEN'T ALREADY BEGUN TO....
The Fed will bail out the banks who suffer credit losses
But those credit losses are leading to a tightening of credit standards
I am in the hyperinflation camp but the influx of credit is not going to be from banks gifting us trillions in debt pardons!