2 Question Tuesday® – 07/29/2025 – What Does the Drop in Sales of Existing Homes Mean for the Economy? Will the Meme Stock Mania Hurt the Broader Market?
Welcome to 2 Question Tuesday®. This week’s questions were:
- What does the drop in sales of existing homes mean for the economy?
- Will the Meme Stock Mania hurt the broader market?
Phil, Mike, and Larry talk about why home sales are falling during what is normally one of the housing market’s busiest times of the year, people being unable to afford new homes, and what this means for the economy. They then discuss the current meme stock mania and whether this will hurt the broader stock market.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.