The economy is in a “very good place,” says Trump’s man at the Fed. And the Fed’s favorite inflation measure ticks up.
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How Rising Home Prices & Rents Hammer the Real Economy.
Personal income sets record. Bond market bet on inflation may get challenged.
But then there’s the “average transaction price.”
We knew “free money would inevitably end”: CEO Jackson. “Affordability would become an issue – particularly around new vehicles.”
This will dog the stock market going forward.
Japan monetized 50% of its national debt. Why has there not been a surge of inflation? And why can’t the Fed restart QE and do the same?
“The tide is going out and investors are starting to worry about which EM economies have been swimming naked.”
But the cost of shipping surges, no holds barred.