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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Doug Stokes Greg Stokes Stokes Family Office
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