Housing collapse NOT coming soon

New figures show homes on sale actually declining ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Don't trust the conventional wisdom just because it's conventional. Not long ago, everybody knew that it was best to wait before buying a house. After all, with the Fed's interest rate increases, housing prices would soon collapse. We were also nearing a recession, which would bring prices down. But it's not working out that way. Now, the number of homes for sale is actually below the number of homes for sale a year ago. That's the first time this reversal has happened in 59 weeks. Was that the window to buy a house? That's not much to speak of. Loans are going to grow more expensive as interest rates continue to increase - and the Fed left the door open for another rate increase this year. (At least one). We'll see some new inflation data today that will guide the Fed's decision. Still, no matter what happens, in the economy of the future, it appears that the real assets so popular in the past are only going to grow more important. Real estate, gold, oil - these tangible goods are what lasts if the tech bubble goes up in smoke. Keep Moving, Corey Snyder Publisher, Rogue Investing P.S. Don't miss Raging Bull's BLOCKBUSTER sale for the 4th of July. 70% OFF every product on their site. Savings so enormous, services like Bullseye Trades are less than $120!!! They are even letting you use the discount code on their all-encompassing Raging Bull Elite package! Go check out [the sale page HERE]( and lock in one of these amazing deals before it's too late. WORD ON THE STREET Affirmative Action Gone As Supreme Court Rules - Admissions Policies For Harvard And UNC Ruled Unconstitutional - "Eliminating racial discrimination means eliminating all of it," Chief Justice John Roberts wrote in the majority opinion banning the use of race in college admissions. The justices ruled 6-3 to scrap affirmative action. However, the Court left open a loophole allowing colleges to consider race as part of an applicant's experience. - Just Missed It - Nike (NKE) fell short of Wall Street estimates on profits, with earnings per share falling just shy of estimates. Revenue was slightly higher than expected, but gross margins were down. Nike was down more than 4% in after-hours trading - Boeing Supplier Ends Strike - Workers at Spirit Aerosystems, which supplies Boeing with fuselages for the Boeing 737 Max aircraft, have accepted a deal which ends a strike. Workers will return to production on July 5. - Buffett Buys More Occidental Petroleum - Berkshire Hathaway is buying more Occidental Petroleum (OXY). The stock was up more than 1.8% yesterday. A filing late Wednesday showed that it now owns more than 25% of the company. ([Don't miss this special report on the earthquake shaping the industry - and why investors like Buffett aren't giving up on oil]( HOT SPOTS: What's Going on in Geopolitics - Chinese Manufacturing Declines For Third Month - So much for China leading the world towards another Roaring Twenties. Factory activity declined for the third straight month. Chinese leadership maintains it will still hit its annual growth target of 5%. - Wagner Out Of The War - Yevgeny Prigozhin, head of the Wagner Group, refused to sign contracts putting his mercenaries under Russia's conventional military command. Thus, their war is over. The move could cost Russia some of its most experienced light infantry. - German Inflation Spikes - Here we go again. Germany recorded year-over-year inflation of 6.4% for June. It's the first increase since February. In May, it was just 6.1%. Food prices were up 13.7%. CUTTING EDGE: What[']( Happening In Tech - DoorDash Offers An Hourly Wage - Good news for workers as DoorDash is going to offer an hourly minimum rate. The intent is to prod delivery drivers into accepting more deliveries rather than only accepting those with larger payoffs. - Pokemon GO (To Unemployment) - The Pokemon Go maker Niantic has laid off 230 employees - the second round in two years. The first round cost 90 jobs. The company is also canceling several game projects, including a game based on the Marvel universe. - WHO May Label Aspartame A Carcinogen - On July 14, the World Health Organization is expected to update its risk assessment exercise on aspartame, a common sweetener used in numerous products, including Diet Coke. The International Sweeteners Association responded forcefully to reports that the organization may label aspartame a carcinogen. "Aspartame is one of the most thoroughly researched ingredients in history," it said, "with over 90 food safety agencies across the globe declaring it safe." No sugar, no calories, but maybe cancer? FOR YOUR CONSIDERATION --------------------------------------------------------------- As companies struggle to maintain profits, we’re getting squeezed by inflation and "shrinkflation." It’s an annoyance for some, but others are struggling to feed their families.Notice meals aren't quite as filling as they used to be? It's not just your imagination. Dr. Brian Jones breaks down the sneaky tactic companies are using to save money at your expense - and what it signifies for the larger economy. [THE INFLATION DIET - PAY MORE, EAT LESS]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. Sent to:{EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States