Jan. 13 at 5:00 PM
The SFH “ban institutions” headline is a vibes policy, not a supply policy.
In the December Millegan Memo we lay out why it can reduce new building incentives (and renters pay), then hit: Mexico’s 1994 Tequila Crisis as the reminder that “foreign outperformance” can be FX doing the heavy lifting;
$BMBL as a rebound setup with shorts as accelerant; Coos Bay’s port pitch (automation + ship-to-rail efficiency vs brownfield politics/dredging narratives); why killing quarterly reporting would supercharge rumor mills (while
$STLA moves toward more regular disclosure); a quick WORM check on Oregon’s tape; and why wobblier BLS trust = jumpier markets + bigger earnings-season surprises.
https://www.woodworth.fund/news/the-millegan-memo-december-2025
#BMBL #STLA #housing #stocks #markets
