Jobs, GDP, Frozen Real Estate, & IPO Bubbles
As we head into Labor Day weekend, we fittingly look at the latest jobs report and the revised GDP numbers. We’ll also think location, location, location as we investigate the areas that are winning and losing the migration/real estate race. Finally, we’ll review some of our favorite COVID-era IPOs and wonder if the euphoria bubble is over for now.
Key Takeaways
- [01:05] - Jobs report and the GDP data revision
- [06:28] - What does the frozen real estate market mean?
- [10:15] - Which US areas are winning? Which are losing?
- [16:16] - Mark Cuban + the right place, right time nature of venture capitalism
- [19:09] - Has the IPO euphoria window closed for the time being?
Links
- U.S. GDP grew less vigorously than believed in Q2
- The labor market is now looser than it was pre-Covid
- Home price decline from peak in 40 largest US markets
- Just 1% of U.S. homes have changed hands this year
- The rental market continues to slow
- 30 migration winners and losers
- Mark Cuban has taken a net loss on $20M in Shark Tank investments
- Traeger: another Pandemic IPO to fall down to earth
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Disclosure
The information in this podcast is educational and general in nature and does not take into consideration the listener's personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate, qualified professional prior to making a final decision.