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But we saved everything 🙂.
Pending home sales in the U.S. have declined to their lowest level on record, dropping below the previous low set in April 2020, when much of the U.S. economy was shut down.
Charlie Bilello described the housing market as essentially frozen.
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Charlie Bilello has recently highlighted weakness across major asset classes. Earlier this year, he noted that Bitcoin and gold posted the largest declines among major assets in 2026. In a separate update, Bilello reported that Tesla's third-quarter revenue was flat year over year, with net income dropping 43%.