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.
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.
Bonds. Are they bottoming?