The FOMC’s decision to hike interest rates last week will look considerably more ridiculous

Now imagine you sell mortgages. Or luxury residential real estate.

Then, and only then, when the world is normalized, can the beatings end.

Take a picture, you may never see anything so obviously about to happen ever again. A child could have foreseen it.

July CPI and the reaction of the markets

Most of the blame goes to those at the top of the list…

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.

The latest

Pending home sales fall for the sixth consecutive month.

Unemployment will remain low, I would guess, but the layoffs that are starting will impact hiring manager mentality.