Summary
Phil observes a shift in global sentiment away from COVID fatigue. Biden’s promises (15K home buyer credit) will feed straight into land values. Reviews the US record 35B IPO as tech moving into banking — classic second-half cycle behavior. World’s tallest carbon-eating building proposed (on drawing boards). A 9-year-old Indian app developer cited as bullish for future land values.
Key Claims
- Biden’s housing and childcare credits will flow directly into US land values. — confidence: high
- US fiscal deficit hit record $3.1T in 2020 (16% of GDP). — confidence: high
- Canadian housing prices set to end 2020 higher than where they started. — confidence: high
- Ant Financial’s record $35B IPO = tech moving into banking (second-half cycle indicator). — confidence: high
- Post-2025, watch for inflation then rising interest rates as cycle end signal. — confidence: medium