Issue #7 of Dr. Jeff's Macro Chartbook is live! 👀
But Seriously... What Is Your Home Actually Worth?
Your home is up 68.7% in dollar terms over the past decade. Congratulations!
But what if you measured it in something that cannot be printed?
Down -51.7% in gold terms.
Down -98.5% in Bitcoin terms.
Same asset. Three measuring sticks. Three completely different realities.
Also in this issue:
→ The 2-year Treasury yield is rising again... is "higher for longer" a constraint, not a choice?
→ Bitcoin update: what started as a bear flag has morphed into a bullish ascending channel. But the 200-day SMA remains undefeated.
→ SPX/Gold updated: a bounce reminiscent of Q4 1972. Time will tell.
→ Your friendly neighborhood physician on resistance training and why the scale is lying to you
"Great nations are built on proof of work. And they die on proof of stake."
Read it here:
https://jeffross191961.substack.com/p/but-seriously-what-is-your-home-actually
Not investment advice. Not medical advice. Just a curious observer sharing what is on his charts.