Presidential Palace Vibes | The Daily Peel | 2/21/23

• Mark Zuckerberg wants to knowhow much you are willing to payfor a little clout
• Meet the new "white mamba" who went fromrelative obscurity to NBA All-Star slam dunk champion
• Surprise! Uncle Joe had asneaky link-upwith Volodymyr Zelensky in Kyiv
• According to this market strategist, BTC is currently at apotential "make or break" technical level

It's time for you AND your portfolio to take off, and apes, we've found the solution.

Doroniis about to whip out the coolest product ever. These Einsteins of aviation have figured out a way to put you in your own, personal aircraft so easily that even the crayon-eaters among us couldn't mess it up. The thing even fits in your garage, what more could you want?!

And the best part is: it's not just the aircraft soaring to the skies. As we speak, Doroni is currently taking on new investors through a round of crowdfunding. That means you apes have the chance to get in on the ground floor and head to the skies both in and invested in a Doroni aircraft. You're welcome.

Don't sleep on this one, apes.This is one flight you can't afford to miss as the chance to get in ends well before April 1 and I know you don't want to be looking like a Fool already!

Housing Hope

的re is good news and bad news as it relates to the housing market; which do we want first?

的good news: The latest housing data showed a consistent decrease in demand. If we continue at this rate, all of you Millennial/Gen-Z readers out there and I may actually be able to buy a house in this lifetime!

的bad news: We are still very much in a housing bubble, with prices at their highest levels in years. So, you may have to wait a little while longer for that home-buying dream to come true.

Let's dig into what exactly "housing data" means and what it reveals about thebroader economy. These numbers are reported on a monthly basis by the US Census Bureau and the US Department of Housing and Urban Development. There are two key metrics included in the report, both of which measure different aspects of the housing supply chain.

Building Permits:This metric tracks the number of permits, or approvals, that are granted by the government or other regulatory bodies before construction can begin. These building permits can cover a wide range of projects, and investors/economists use this number as a leading indicator for future construction demand.

For example, if building permits increase for commercial projects, this could be a sign that businesses are flourishing and new businesses are being established, both good signals for the economy. This number has decreased by about 27% since the beginning of 2022.

Housing Starts:While permits measure the number of approvals received, housing starts measures the actual number of buildings that began construction in a given month. Getting a permit is one thing, but actually expending resources into the construction of a project sends an even stronger signal that developers have a positive outlook on demand going forward. This number has also steadily decreased over the past year.

According to data released by the government, this is the longest stretch of monthly declines for both housing starts and building permits since 2009. (And we all know what happened in 2009). While we are not in "normal" territory by any means, we are back to June 2020 levels.

This decrease in demand has been spurred on by a few factors. The housing market is feeling the burn from the recent money-printing binge and subsequent hangover-induced rate hikes. These hikessent average mortgagerates to 7%, crimping demand for new houses.

Secondly, we are experiencing a geographical chasm, where demand in the Northeast and West is cooling while demand in the Midwest and South is on the up-and-up. Perhaps people are realizing that the life of the "coastal elitist" isn't all it's cracked up to be and are opting for lifestyle and cost of living over prestige. Makes sense whensome reportssay that New Yorkers, on average, are paying over 65% of their income on rent and other housing expenses.

DraftKings ($DKNG) ↑ 15.33% ↑

• DraftKings, a former pandemic winner-turned-loser, is back in favor after releasing solid earnings and a rosier outlook.
• DraftKings is down 72% from its high in 2021,before fundamental analysiswas in style. Now, the company may be winning back some hardcore loyalists.
• 的sports-betting company reported an 81% increase in revenue and a 31% jump in user numbers. They also expect to stem net losses as sports gambling becomes more widely accepted in the US.
• 的positive earnings report was followed by a number of upgrades from Wall Street Analysts, sending the stock soaring.

Carvana ($CVNA) ↑ 4.08% ↑

• 就在你以为我们都是谈论this stock, here we go again! Carvana is like the Kardashians of the finance world, constantly staying in the news and at the top of everyone's minds, but no one quite knows what they have to offer.
• 的stock received a nice boost last week on headlines that George Soros made a vote of confidence in the company, purchasingcall options valued at~$7.1mn.
• Will Soros maintain the position? Will he be able to stomach the volatility? Interested parties can track the sagawhen the hedge fundfiles its next 13F in May.