Now imagine you sell mortgages. Or luxury residential real estate.
Macro/Econ
You weren’t supposed to see that
Then, and only then, when the world is normalized, can the beatings end.
You’re not good at this.
Take a picture, you may never see anything so obviously about to happen ever again. A child could have foreseen it.
Please don’t pivot
July CPI and the reaction of the markets
Who is to blame for inflation? A list…
Most of the blame goes to those at the top of the list…
Good news?
I don’t know how and when this all translates into CPI or PCE inflation stats in the coming months, I just know that it will.
Labor market cooling to pre-pandemic conditions
The latest
The Fed is getting its way in home prices too
Pending home sales fall for the sixth consecutive month.
Employment-related inflation has peaked
Unemployment will remain low, I would guess, but the layoffs that are starting will impact hiring manager mentality.
Bonds catch a bid
Bonds. Are they bottoming?