Wind Down Your Monday With The Best Charts & Visuals I Saw Over The Weekend. I Also Unabashedly Plug My Podcast | (1.30.23)
“Nobody comes here anymore, it's too crowded” - Yogi Berra
What Do They Say? A picture is worth a thousand words?:
• Consumer spending has returned to the pre-COVID-19 pandemic trend line.1
• Speaking of trendlines, equities (stocks) have finally broken to the upside and away from a year-long down trend.2
• Let’s take a quick pivot to real estate. According to Moody’s the national average rent-to-income (RTI) ratio has hit 30% for the first time in the 20+ year history of their records. Check on your family and friends in New York because this is NOT a pretty chart. By comparison, L.A. looks like a steal.3
• That said, what Californians are saving in rent they are certainly spending in state real estate taxes.4
• Last but not least, crypto market bears (and those with open short positions) can take a deep breath….
…..or can they?…..5
Graphic Of The Day:
In general, digital audio is seeing a downtrend in revenue growth and new data from Statista Advertising & Media Markets Insights is forecasting this to continue through the next half-decade.6 That said, podcasts have outperformed other digital audio mediums and are expected to continue to do so. Speaking of podcasts, if you have made it this far into The Homepage you might be interested in checking out my podcast, Opportunity Cost. It is the #1 podcast in the world for entrepreneurs, visionaries, and free-thinkers of all kinds.
TL;DR — Podcasts are expected to continue being the leading source of digital audio media (for revenue growth). Check out my podcast, Opportunity Cost!
Source: The Daily Shot
Source: Moody’s Analytics — Key Takeaways from the 4th Quarter Housing Affordability Update.
Source: https://twitter.com/OpenAxisHQ.