Sotheby’s sinks 88%
The US dollar has dropped 5% from its 2024 highs, The total value of US homes hit $49.6 trillion, Salesforce announced plans to acquire startup Own, and More.
September 9, 2024
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The US dollar has dropped 5% from its 2024 highs, The total value of US homes hit $49.6 trillion, Salesforce announced plans to acquire startup Own, and More.
US GDP grew 3.0% in Q2, US home prices grew 5.4% annually in June, Menlo Ventures and Anthropic launched Anthology, and More.
Canada’s annual inflation rate slowed to 2.5%, US housing market inventory grew 20%, Blue Origin faced two serious rocket incidents, and More.
Bank of America no longer predicts a US recession, 30-year-fixed mortgage rates dropped to 6.69%, Revolut reached a $45 billion valuation, and More.
Americans now owe $1.14 trillion on credit cards, Columbus became the #1 real estate market, Savvy Wealth closed its Series A at $26.5 million, and More.
The US unemployment rate increased to 4.3% in July, Hampton, NH, property values rose 53%, Contextual AI raised $80 million in a Series, and More.
The US economy grew 2.8% in Q2 2024, Existing-home sales fell 5.4% in June, DoorDash partnered with Save-A-Lot, and More.
CA retained its title as the world’s fifth-largest economy, Apple gave $50 million for housing affordability, Google is in talks to acquire Wiz, and More.
US inflation cooled for a third straight month, Hartford was the hottest market for home sales, North American startup funding jumped 35%, and More.
Independence Day cookouts hit record high of $71.22, Red Rock Island is on the market for $25 million, Rapid7 acquired management startup Noetic Cyber, and More.
New orders for durable goods increased in May, Detroit is the best city for real estate agents, Brazil’s Nubank acquired Hyperplane, and More.
Goldman has turned bullish on the S&P, Ohio homes for sale jumped 73%v, Sword Health raised $130 million, and More.
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Disclaimer: The authors of Alt Assets, Inc. are not finance or tax professionals. They are self-taught accredited investors, sharing information, research, and lessons learned. The published content is unique, based on certain assumptions and market conditions at the time of publishing and is intended to serve solely as research, not financial advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several or all of the alternative asset classes that Alt Assets, Inc. publishes content on its site. Any published articles on Alt Assets, Inc. that an alternative asset has a “buy”, “pass”, “overvalued” or “undervalued” designation does not factor into the asset classes that the Fund through its manager ultimately invests in, and thus, any of the Fund’s investments that have positive designations on the Alt Assets, Inc.’s site are purely coincidental as the Fund is actively managed and guided by its own investment parameters as summarized in the relevant private placement memorandum.