The FOMC’s decision to hike interest rates last week will look considerably more ridiculous
Think you have it bad?
Now imagine you sell mortgages. Or luxury residential real estate.
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…
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 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.