The hottest Finance Substack posts right now

And their main takeaways
Category
Top Finance Topics

Mortgages Outstanding by Credit Score

Erdmann Housing Tracker • 63 implied HN points • 03 Dec 24
💰 Finance Mortgages Credit Scores Homeownership Real Estate Economic Trends
  1. After 2008, the number of mortgages given to people with lower credit scores dropped significantly compared to those with higher scores. This changed the lending landscape quite a bit.
  2. High real estate prices are affecting mortgage access more than the other way around. Many lower credit score borrowers are struggling to get mortgages, leading to higher rents and home prices.
  3. The tightening of lending rules since 2008 has made it harder for many people to become homeowners, leading to a market where only certain buyers can take advantage of low interest rates and good prices.
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It's Getting Harder to Get a Loan

The Sunday Morning Post • 39 implied HN points • 25 Jun 23
💰 Finance Loans Interest Rates Economy Banking
  1. Banks are making it harder to get a loan due to higher interest rates and tightened lending standards across all loan categories.
  2. Rising deposit costs are influencing banks to be more selective in lending, preferring customers with deposits in their institution.
  3. Banks are tightening lending standards to protect themselves, leading to fewer loans offered and increased charges, covenants, collateral requirements, and reduced loan sizes.

Ancova Energy Market Update

Ancova • 39 implied HN points • 03 Aug 23
💰 Finance Energy Market Crude Oil Natural Gas Natural Gas Liquids
  1. WTI crude oil prices are fluctuating due to factors like U.S. credit downgrade, storage levels, and production cuts from Saudi Arabia.
  2. Natural gas prices are dropping as summer demand decreases, but there's optimism about future LNG exports and potential price shifts from weather events.
  3. Natural gas liquids prices are generally on the rise, with some fluctuations across different markets.

The Economy In The West Is Backed by Hot Air

Oz’s Newsletter • 39 implied HN points • 17 Apr 23
💰 Finance Economy Derivatives Regulations Financialization AI Revolution
  1. The economy in the West is backed by imaginary assets like derivatives that can crash the economy if their true value is revealed.
  2. Banks create money out of thin air through loans backed by these imaginary assets, causing inflation and instability.
  3. The Anglosaxon-controlled Western economy must address its financial problems, regulate finance, and rebuild the economy on real-world connections to prepare for future challenges like AI and geopolitical shifts.

Edition No. 1 - LexNews+ Weekly

⚔️ LexNews+ ⚖️ • 39 implied HN points • 14 Jul 23
💰 Finance Cryptocurrency Regulation Lawsuits Blockchain Government
  1. XRP wins legal battle against SEC, affecting crypto industry and leading to Coinbase's decision to permit XRP trading.
  2. SEC faces pushback from Coinbase in lawsuit, highlighting the ongoing legal challenges in the crypto space.
  3. AzukiDAO emerges in response to NFT controversy, raising questions about legitimacy and potential legal actions.

ACR #22: Let's get tokenized!

Africa Crypto Report (ACR) • 39 implied HN points • 01 May 23
💰 Finance Cryptocurrency Regulation Digital Assets Central Bank Blockchain
  1. Tokenized assets are digital representations of physical or digital assets, allowing for easier trading and management.
  2. Asset tokenization can democratize access to investments, create market liquidity, and enable product innovation.
  3. Regulators play a significant role in the adoption of asset tokenization by dictating the pace of innovation in the space.

In tech we trust?

Jon’s Newsletter • 39 implied HN points • 24 Sep 23
💰 Finance Investing Stock Market Economic Trends Technology Stocks Portfolio Management
  1. The stock market has seen a drop recently, with tech stocks struggling more than others. Investors are worried about rising interest rates and potential recession.
  2. Despite the downturn, some experts believe investing in tech can lead to growth in the long run. Companies in tech can adapt and thrive even during tough economic times.
  3. Certain tech stocks, like Apple and Microsoft, are still seen as good investments due to their potential for continued growth and strong market positions.

Series A Activity: June 2023

Magid and Co • 39 implied HN points • 05 Jul 23
💰 Finance Investment Funding Venture Capital Founders
  1. There was a significant decrease in Series A deal activity from June 2022 to June 2023, with 290 deals in 2022 compared to 146 in 2023.
  2. It's crucial for founders to closely monitor individual firm actions rather than just market-level statistics, especially when major players from previous years are less active.
  3. Founders seeking funding should focus on understanding which investors are actively writing checks and building relationships with these firms, even if they are less known or harder to reach.

Get Woke, Go Broke: Vanguard Ditches ESG Investing

Anxiety Addiction & Ascension • 39 implied HN points • 06 Mar 23
💰 Finance ESG Investing Corporate Governance Financial Sector Asset management
  1. Vanguard, the world's second-largest asset management firm, with $8 trillion AUM, has withdrawn from ESG, which is a significant move.
  2. There are signs of people waking up and pushing back against social engineering, like the ESG framework, showing a recalibration in public perception.
  3. Major financial institutions, like Vanguard and JPMorgan Chase, distancing themselves from ESG indicates cracks in the system and growing public awareness, potentially due to popular sentiment.

Series B Activity: August 2023

Magid and Co • 39 implied HN points • 05 Sep 23
💰 Finance Investment Deals Funding Startups
  1. Series B deals over $100M declined over the years - from 15 deals in 2021 to none in 2023.
  2. Series B deal volumes decreased significantly in two years, indicating a shift in deal trends.
  3. Data on Series B deals worldwide (ex-China) shows deals with a raised amount above $5M and non-therapeutics companies.

[Q1 CY24] ARM Short Squeeze, Fabrinet Sus

Irrational Analysis • 19 implied HN points • 08 Feb 24
💰 Finance Stocks Earnings Investing Semiconductors Analysis
  1. ARM experienced a significant short squeeze after hours, showing wild price movement.
  2. Fabrinet's weak guidance and management's unconvincing excuses suggest something suspicious, leading the author to liquidate their position.
  3. Qualcomm showcased steady growth in the automotive semiconductor market despite challenges, with a rough response to questions about partnership details and future seasonality.

NMHC on Apartments: Market conditions Tightened in Q2

CalculatedRisk Newsletter • 19 implied HN points • 21 Jul 25
💰 Finance Real Estate Market Analysis Economic Trends Investment Strategies
  1. The apartment market conditions are getting tighter, which means it's becoming more competitive to find available units.
  2. There is slightly more activity in buying and selling apartments, signaling some optimism despite overall uncertainty in the economy.
  3. While borrowing money for apartments is improving, getting equity financing is still a bit harder than it was before.

Only Bitcoin and Gold Can Stop Governments from Destroying the Currency

QTR’s Fringe Finance • 24 implied HN points • 18 Jun 25
💰 Finance Cryptocurrency Monetary Policy Government spending Inflation Central Banks
  1. Government spending is out of control, and politicians prefer to keep it high rather than balance the budget. This leads to inflation and dependence on government aid.
  2. Central banks are not controlling spending anymore, which lets governments accumulate more debt. This could cause economic problems in the future.
  3. Bitcoin and gold are becoming alternatives to traditional money, pushing back against government spending and inflation. They remind people that money can't be printed endlessly without consequences.

Part 1: Current State of the Housing Market; Overview for mid-February 2024

CalculatedRisk Newsletter • 148 implied HN points • 12 Feb 24
💰 Finance Housing Market Real Estate Mortgage Rates Inventory Sales
  1. The 2-part overview offers insights into the current state of the housing market for mid-February 2024, covering aspects like house prices, sales, inventory, mortgage rates, and rents.
  2. New listings for existing homes were up 2.8% year-over-year in January 2024, showing a slight increase from the previous year's record low for January, potentially signaling an increase in overall inventory for the market.
  3. It's important to note that December and January are typically the weakest months for new listings, and while new listings are expected to show year-over-year growth in 2024, March data will provide a clearer picture of their proximity to normal levels.

Portfolio Update & 3 Stocks I'm Comparing

Spilled Coffee • 24 implied HN points • 19 Jun 25
💰 Finance Investing Stock Market Portfolio Management Economic Analysis Risk Assessment
  1. The stock market isn't reacting strongly to geopolitical issues between Iran and Israel, which shows bullish behavior. It seems to be holding steady near all-time highs, suggesting investor confidence.
  2. The market has managed to ignore negative news, both from tariffs and geopolitical risks, proving to be resilient, like a 'teflon' stock market.
  3. There are three stocks being considered for potential purchase, and a decision will be made on whether one, none, or all three are worth buying.

The fourth quarter effect in small caps

Klement on Investing • 2 implied HN points • 07 Jan 26
💰 Finance Earnings Accounting Seasonality Risk management
  1. Smaller companies show a clear drop in earnings in their fourth fiscal quarter, with the effect strongest among the smallest 25–50% of firms.
  2. The decline is driven mainly by sudden rises in costs (COGS and SG&A) and outdated cost forecasting or weak internal systems, not by lower sales or audit-driven manipulation.
  3. Analysts usually don’t adjust for this Q4 effect, so misses are more common, but market reactions are muted since investors tend to focus on the coming fiscal year.