First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/07/01/housing-bonds-stocks-threatened-as-liquidation-continues-002552
As trading kicks off for the month of July and the second half of the year, investors are hoping for a third quarter rebound. It’s been a brutal year so far in financial markets. The S&P 500 is down over 20%. Bitcoin has crashed by 60%. Bonds have provided no safe haven amid hot inflation. And spiking mortgage rates point to a potential calamity in the housing market.
