Vibecession
Although the U.S. economy isn’t perform-ing as well as some claim, there is a dis-connect: by conventional measures it isn’t doing badly enough to justify the extre-mely negative views Americans currently hold. Unemployment is at 4.3% and inflat-ion at 3%. These are both decent numb-ers from a historical perspective. Are we in a Vibecession in which people feel lousy about an economy that according to conventional measures seems pretty good or at least not so bad?
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S&P 500 Futures Surge on Cooling Jobs Growth Signals
The U.S. stock market saw futures for the S&P 500 rally as signs of slower jobs growth tempered expectations, influencing investor optimism. This movement reflects ongoing market sensitivity around employment data and its impact on economic projections.
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Bitcoin Crash
Bitcoin has dropped in value by over 34% in about 6 weeks (most Wall Streeters would term this a crash), down 16% YOY but up 370%+ over 5 years. Most traditional real estate professionals, including lenders, title companies, and general agents, are not set up to handle cryptocurrency directly and prefer working with traditional, federally-backed funds. (Read More)
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NASDAQ AI
Sustained its third consecutive weekly decline as doubts resurfaced about the resilience of this year’s AI-fueled market rally. The index finished the week down 2.7%; with more modest weightings in tech stocks, the S&P 500 and the Dow posted smaller declines of just under 2.0%. Friday afternoon’s prices in rate futures markets implied a nearly 72% probability that the Fed would cut by a quarter point at its meeting concluding December 10. (Read More)
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Action Items:
✅ Sharing Experiences/Success Stories
✅ Eating/Drinking/Hiking/Playing Games
Thank you for making this trip so special, so productive, so fun, and so memorable. Here’s to a great end of the year and an even better 2026!
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610 West 110th Street, Unit 8AB
4 Bed | 4.5 Bath Open: 11/23 11:30AM - 01:00PM
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414 Elmwood Avenue, Unit 6H
Studio | 1 Bath Open: 11/23 12:00PM - 01:30PM
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1390 Putnam Avenue, Unit 1F
1 Bed | 1 Bath Open: 11/23 01:00PM - 02:00PM
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26 South Oxford Street, Unit 1A
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529 West 42nd Street, Unit 7B
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530 Grand Street, Unit E8C
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215 East 24th Street, Unit 602
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152 North 9th Street, Unit 3L
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43-33 42nd Street, Unit 6B
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40 East 80th Street, Unit 2C
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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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