Rich Grasso
@richgrasso
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Finance/weather enthusiast. Long Island native. Will always opt for the window seat.
New York, NY
Joined February 2012
US grocery prices have never been more expensive: The average cost of groceries for a family of 4 is now up to a record $1,030/month. This marks a +$280 increase since January 2017, when the average family spent $750 a month. In 2021-2022 alone, grocery costs surged by +$150.
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🚨#BREAKING: Much of the United States is currently witnessing the northern lights 📌#UnitedStates | #USA At this time, a powerful geomagnetic storm is impacting the United States. The NOAA Space Weather Prediction Center has issued a G4 alert on the G5 scale, one of the
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Bright green flash across the sky. Anyone going north on 684 would have seen it
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I am deeply saddened to share the passing of Rabbi Alvin Kass, our Chief Chaplain, and one of the longest-serving members of the New York City Police Department. Rabbi Kass joined the NYPD in 1966, at the age of 30, becoming the youngest chaplain in the Department’s history.
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Fannie Mae on if we want affordable homes again: 1. Prices must crash by -38%, or: 2. Incomes must rise by +60%, or: 3. Mortgage rates must crash by -415 bps For any of these 3 things, something massive would have to happen to the macroeconomy. How did we end up here?
An affordability nightmare: It would take a -38% drop in home prices OR a +60% JUMP in household income JUST for affordability to go back to 2019 levels. You must now make ~$113,000/year to afford the MEDIAN home in the US. Will housing ever be affordable again? (a thread)
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It seems I share a lot of bdays with TikTok stars I’ve never heard of, but instead, happy birthday to @jimmyfallon @JeremyIrons @soledadobrien @TheTraeYoung @PalmerLuckey !!
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Today marks the beginning of meteorological fall. We typically do not participate until mid to late October. #Florida
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This is the vibe I’m waiting for
Whether you call it Autumn or Fall, it is just around the corner. Here are 20 of the most beautiful places to witness the season’s spectacle. 🍂🧵 1. New England, USA The classic fall pilgrimage: forests ablaze with reds and golds from Maine to Vermont.
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August 16: 11:20AM AST @53rdWRS find #Erin is now a Category 5 Hurricane with maximum sustained winds of 160 mph. Visit https://t.co/tW4KeGdBFb for the latest
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I was informed I have 31 days of PTO I need to use. Suggestions welcome…preferably post-summer
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Big tech is dominating: The technology sector's performance relative to the S&P 500 hit a record 2.2x in July. The price gap between tech and the S&P 500 has more than DOUBLED over the last 8 years. Since then, the S&P 500 Information Technology sector and the S&P 500 have
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🚨#BREAKING: The Pacific Tsunami Warning Center has upgraded the magnitude of the earthquake near Russia to 8.7. TSUNAMI WAVES exceeding 3 meters above normal tide levels are now possible along portions of the northwestern Hawaiian Islands and coastal areas of Russia.
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It’s a bit disheartening to walk past 345 Park and watch people take selfies like it’s a tourist attraction
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🚨 BREAKING UPDATE: Active shooter situation on Park Avenue between E. 51st & E. 52nd Streets in Midtown Manhattan. 🚨One person has been shot 🚨Multiple 911 calls flooding in 🚨Hundreds of people are sheltering in place and hiding NYPD has the area on lockdown.
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