Tag Archive for: inflation report

Panic & Mayhem Over Interest Rates Shooting Up! Who’s Terrified The Most?

Slippery up and sticky down! Elevator up and escalator down! Those are the cliches we often hear about interest rates, and we’ve seen them play out in spades in recent weeks. Investors panic on every hot inflation or economic report that might prevent the Fed from lowering rates, or worse – cause the Fed to increase rates. This is partially because investors don’t want to lose money by being wrongly positioned (like Silicon Valley Bank was when it held too many low-rate bonds and went belly up), but it is more because our entire economy is addicted to “low-rate-monetary-heroin” (to quote George Gammon). So, rates are always prone to shoot up very quickly, but they tend to come down very slowly – as there is less at stake for investors when rates are trending downward.Read More

Inflation and Interest Rates Plummet! It Won’t Last; Takeaways

Consumer Price Index (CPI) numbers were released today, and interest rates plummeted in response. “Headline CPI” fell to only 0.18% month-over-month (comparing June to May), and to only 3.0% year-over-year […]Read More

THIS IS HUGE! Inflation & Rates PLUMMET!

Inflation Came In Cool – Exactly As Barry Habib And Jeff Snider Predicted! In 2021, I told a group of mortgage bankers at a lunch how and why rates were […]Read More