Core Viewpoint - Earth Science Tech, Inc. has engaged Semple, Marchal & Cooper, LLP as its new independent PCAOB auditor to enhance its financial governance as the company expands its operations in pharmacy compounding, telemedicine, and real estate [1][2]. Group 1: Company Overview - Earth Science Tech, Inc. is a diversified holding company focused on the health and wellness sector, operating a vertically integrated portfolio that includes compounding pharmacies, telemedicine platforms, and healthcare facilities [4]. - The company owns RxCompoundStore.com and Mister Meds, which are licensed compounding pharmacies providing sterile and non-sterile medications across a growing network of U.S. states [4]. - ETST also manages Avenvi, its real estate and asset management arm, and MagneChef, a direct-to-consumer brand for innovative kitchen products [5]. Group 2: Strategic Developments - The transition to Semple, Marchal & Cooper is seen as a strategic upgrade to optimize auditing efficiencies and align with the company's operational scale [2]. - The Board of Directors emphasized the need for a more sophisticated corporate governance framework as the company matures from a developmental stage to a rapidly growing diversified holding company [3]. - Semple, Marchal & Cooper is recognized for its comprehensive suite of services and commitment to long-term growth and integrity, which aligns with ETST's evolving financial needs [3].

Core Insights - Earth Science Tech, Inc. (ETST) has engaged Semple, Marchal & Cooper, LLP as its new independent PCAOB auditor, marking a strategic upgrade in its financial governance infrastructure [1][2] - The decision to hire Semple is driven by the increased complexity of ETST's consolidated accounting due to its rapid expansion in pharmacy compounding, telemedicine, and real estate [2][3] Company Overview - ETST is a diversified holding company focused on the health and wellness sector, operating a vertically integrated portfolio that includes compounding pharmacies, telemedicine platforms, and healthcare facilities [4] - The company owns RxCompoundStore.com and Mister Meds, which are licensed compounding pharmacies providing sterile and non-sterile medications across a growing network of U.S. states [4] - ETST also manages Avenvi, its real estate and asset management arm, and MagneChef, a direct-to-consumer brand for innovative kitchen products [5] Governance and Strategic Direction - The Board of Directors believes that as ETST matures from a developmental stage to a rapidly growing diversified holding company, its corporate governance framework must evolve accordingly [2][3] - Jeff P. H. Cazeau, Independent Director and Chairman of the Audit Committee, emphasized the importance of selecting Semple for their reputation and ability to address the company's increasingly complex financial structure [3]

Core Insights - Zillow has launched a new microsite called Zillow for Warcraft, allowing players to explore in-game homes from World of Warcraft as player housing becomes available [1][2] - This collaboration with Blizzard Entertainment celebrates the long-awaited feature of player housing in World of Warcraft, which has been requested by the community for nearly two decades [1][2] - The experience combines Zillow's real estate expertise with the fantasy world of Azeroth, showcasing player-created homes and Blizzard-designed properties [1][2] Group 1: Collaboration and Experience - Zillow for Warcraft features a curated collection of in-game homes, including player-favorite designs and Blizzard-built homes inspired by iconic Warcraft styles [1][2] - The microsite offers immersive experiences such as 3D Home tours and SkyTour-style visuals, enhancing the exploration of standout designs [1][2] - In-game characters Bek'tar Donhammer and Hazl Fizzlehorn guide players through the homeownership experience in Azeroth [1][2] Group 2: Marketing and Community Engagement - The launch is supported by a co-branded campaign across social media platforms, including Reddit and TikTok, encouraging players to share their in-game homes [1][2] - Zillow's partnership with Blizzard is part of its 2026 brand platform, "Someday Starts Today," which aims to inspire people to take steps toward homeownership [1][2] - The experience is non-transactional, meaning there is no buying or selling of homes, pricing, or Zestimates involved [1][2] Group 3: Company Backgrounds - Zillow Group, Inc. is a leading real estate platform in the U.S., connecting consumers with innovative technology and services throughout the home journey [2][3] - Blizzard Entertainment, known for its iconic game franchises, has a rich history in the gaming industry, engaging millions of players worldwide [2][3] - Both companies aim to enhance the experience of home, whether in the real world or within the gaming universe [2][3]

Group 1 - The core viewpoint is that despite the significant increase in M2 money supply, the expected rapid depreciation of the RMB has not occurred due to a deflationary economic cycle and lack of consumer confidence [1][3] - The total M2 money supply in China has reached 330 trillion, which is double that of the US and exceeds the total of all currencies in Europe and Japan [1] - The Consumer Price Index (CPI) has shown a year-on-year decrease of 0.1%, indicating a trend of stable but declining prices [3] Group 2 - A large portion of the excessive money supply remains trapped within the financial system, failing to circulate into the broader economy due to low confidence among businesses and consumers [5] - The sluggish state of the real economy has weakened consumer purchasing power, leading to reduced spending and significant inventory buildup for businesses [7] - Companies are forced to lower prices to recover funds, resulting in a downward trend in prices rather than inflation [7] Group 3 - The real estate market has been on a downward adjustment path since 2022, with significant price drops observed in both second-tier cities and major cities like Shanghai, where prices have fallen over 30% from their peak [8][10] - The decline in housing prices is attributed to stringent regulatory measures aimed at curbing rapid price increases, which have led to a prolonged adjustment period in the real estate market [10] - The automotive market is experiencing widespread price cuts, with some models seeing reductions of over 60,000, driven by a shift towards electric vehicles and decreased demand from middle-class families [11] Group 4 - Despite the declining prices of housing and automobiles, holding cash reserves is emphasized as a means to provide security during economic uncertainty [13]

现在的二手房市场，真的跟几年前完全反过来了。以前是房东说了算，价格说涨就涨，买家只能跟着跑；现在轮到买家掌握主动权，房东想顺利卖掉一套 房，要受的委屈、要让的利润，普通人根本想象不到。最近杭州一位业主的卖房经历，直接把当下楼市的真实处境拍在了所有人脸上，他的做法不仅解气， 更给所有卖房人、买房人都上了一课。 一、市场彻底反转，房东从 "强势方" 变成 "弱势方" 放在几年前，二手房市场完全是卖方天下。那时候房子抢手，只要挂出来就有人抢，房东临时加价、反悔不卖都是常事，买家为了买到房，只能忍气吞声。 但这两年风向彻底变了，大城市二手房库存居高不下，买家挑挑拣拣，房东却越来越被动。很多急着置换、变现的业主，为了能成交，只能一让再让，哪怕 心里不舒服，也不敢轻易得罪买家。 就在双方约定签约的前一天晚上，买家突然通过中介传来消息：330 万不接受，必须再降 40 万，降到 290 万才愿意过来签字。 这个消息像一盆冷水，直接把房东浇懵了。谈好的价格临时反悔，还是在签约前夜砍出这么大幅度，换谁都接受不了。 但这位房东没有当场爆发，也没有苦苦哀求，而是做了一个所有人都没想到的决定 —— 他先假意答应了买家 290 万的要 ...

中国互联网的发展经历了三代商业模式变革。第一代以新浪、搜狐等门户网站为代表，解决的是信息获取问题；第二代以阿里巴巴、京东为代表，聚焦于 交易效率提升；第三代则由字节跳动引领，通过算法推荐重塑用户注意力分配。马云代表的电商时代，核心逻辑是"搜索-比价-购买"的货架模式；而张一 鸣开创的内容时代，则构建了"推荐-冲动-购买"的流量闭环。这种转变不是简单的竞争替代，而是商业维度的一次升维。 阿里巴巴当前面临的挑战，本质上是商业逻辑的迭代。当短视频平台占据用户大量时间，传统电商的搜索入口优势被削弱。这不是某个企业的衰落，而是 整个行业从增量竞争转向存量博弈的信号。就像制造业时代需要实业家，房地产时代催生地产商，每个阶段都有其代表性的商业领袖，他们的崛起与退场 都与时代命题紧密相连。 曾经象征互联网黄金时代的阿里年会，从4万人的盛大聚会到悄然取消，这一变化颇具象征意义。它不再代表某个企业的兴衰，而是整个行业从野蛮生长 进入成熟期的标志。当互联网成为像水电煤一样的基础设施，曾经的开拓者自然会退居幕后，新的竞争者则在新的赛道上展开角逐。 一张马云白发苍苍的照片在网络上引发广泛讨论，照片中他面容憔悴，与公众记忆中那个意气风发 ...

Core Viewpoint - The average 30-year fixed U.S. mortgage rate is projected to range between 5.75% and 6.6% for the year 2026, with various economic factors influencing these predictions. Mortgage Rate Forecasts - Capital Economics forecasts an average mortgage rate of 6.5% in Q4 2026 [1] - Hunter Housing Economics predicts an average of 6.6% in 2026, citing potential impacts from Federal Reserve leadership changes [2] - The Mortgage Bankers Association and PNC Bank both forecast an average of 6.4% in 2026 [6] - Compass and Realtor.com estimate rates at 6.3% for 2026 [6][7] - Moody's forecasts a slightly lower average of 6.23% in 2026 [8] - Cotality and Yale School of Management predict rates of 6.2% in 2026 [9] - Wells Fargo anticipates an average of 6.18% in 2026 [10] - The National Association of Realtors forecasts a more optimistic average of 6% in 2026 [12] - Morgan Stanley and Erdmann Housing Tracker project the lowest average at 5.75% in 2026 [14] Economic Influences - The forecasts reflect uncertainty due to factors such as inflation expectations, budget deficits, and GDP growth rates [2] - The "mortgage rate lock-in effect" is noted, where homeowners are reluctant to sell due to existing lower mortgage rates [7] - Economic conditions, including potential job market weaknesses, could lead to lower mortgage rates than currently anticipated [20] Historical Context - The average annual range of the 30-year fixed mortgage rate has been 1.4 percentage points since 1972, with a narrower range of 1.08 points this century [19] - Recent years have seen significant underestimations of mortgage rates due to unprecedented economic events [5] Market Dynamics - The existing-home market has experienced constrained turnover, influenced by affordability issues and the lock-in effect [16] - A potential economic slowdown could further impact mortgage rates and market activity [20]

楼市寒意逼人，曾经火热的房地产市场如今仿佛被冰封。数据显示，2024年第一季度，全国平均房价已 从2021年同期的每平方米1.1万元跌至9500元，跌幅高达15%。更令人担忧的是，3月份全国30个重点城 市的新房成交量仅为1481平方米，同比暴跌47%，市场颓势仍在延续。 成交量断崖式下跌的背后，究竟是什么原因让购房者望而却步？央行的调查报告或许能揭示真相。报告 显示，居民消费意愿持续走低，储蓄倾向则显著增强。倾向于消费的居民占比下滑至23%，而倾向于储 蓄的居民比例则攀升至54%。同时，投资意愿也在减弱，占比下降至21%。这表明，当下中国居民更倾 向于将资金存入银行，而非用于消费或投资，楼市自然受到波及。 事实上，从投资消费转向储蓄并非一朝一夕。数据显示，2022年第一季度，中国存款总额激增10.86万 亿元，其中居民存款增加7.82万亿元。若以14亿人口扣除3亿未成年人计算，相当于人均新增储蓄7100 元。人们为何捂紧钱袋子，不愿轻易入市购房呢？ 首先，疫情的反复和各行各业面临的挑战，让人们对未来的收入预期充满不确定性，购房需求因此受到 抑制。疫情期间的封控措施使许多人收入锐减，原定的购房计划也被迫搁置。 ...

上海链家研究院负责人李根表示，从客户业主心态看，房客源成交周期均较2025年12月加速，市场信心 逐渐修复重铸："连续多月成交量回稳，客户信心提升，库存去化加速，二手房挂牌量连续9个月逐渐下 降，库存去化压力降低，供需关系趋于逐渐平衡。" "开年二手房市场延续了去年四季度的翘尾行情。"上海中原地产市场分析师卢文曦向《华夏时报》记者 分析，当前上海二手房交易比较活跃，市场韧性足，叠加近期房地产积极信号持续释放，预计节后三月 市场热度有望延续，走出企稳向好行情。 本报（chinatimes.net.cn）记者李贝贝 上海报道 上海市房地产交易中心数据显示，2026年1月，上海二手房成交22834套，同比增长24.18%，承接了 2025年12月的"翘尾回升"态势。 成交高位运行 据58安居客统计，2025年，上海共成交了254218套二手房（含商业）。其中，2025年12月，上海二手房 （含商业）成交量再度突破2.3万套，成为全年仅次于"金三银四"的第三高点，并且连续两个月成交超 过2.2万套，创下近8个月新高。 2026年初，上海二手房市场顺利承接了这一回暖态势。据网上房地产统计，截至1月31日，今年1月，上 ...

Core Insights - Trust within a marriage can deteriorate quickly when financial risks are perceived as reckless rather than strategic [1] - A specific real estate investment, an apartment complex, has become a financial burden with a $6 million balance, leading to significant stress in the relationship [2][5] Financial Situation - The couple owns three properties, but one apartment complex has consistently required cash from other sources, including the husband's other rental property and the wife's small business [3][5] - The couple has resorted to using credit cards to cover construction and operating costs, indicating a precarious financial situation [3] Concerns and Advice - The wife expresses a desire to trust her husband but feels her concerns about aggressive financial moves are often dismissed [4] - Financial expert Dave Ramsey advises against taking out additional loans to support a property that is worth no more than the balance owed, emphasizing the importance of not enabling poor financial decisions [6] - Ramsey also cautions the wife to verify whether the loan is non-recourse, as loans of this size are often personally guaranteed, which could have serious implications [7]