Tag Archive for: inflation

Rates Shooting Way Up Soon – Here’s Why

With respect to inflation, we could see an apparent “resurgence” tomorrow when Consumer Price Index (CPI) numbers are released. This is because the CPI report will be for July and the comparisons are year-over-year, meaning that July of 2023 will be compared to July of 2022. And because July of 2022 was a very low reading, July of 2023 could come in relatively high. This is precisely the opposite of what happened with May’s report, which compared a very high April of 2022 number to April of 2023.Read More

How Aliens, Taylor Swift, Beyoncé, and Barbie Impact Interest Rates!

How Will The Discovery Of Space Aliens Impact Interest Rates? There was congressional testimony yesterday about the presence of space aliens, but I remain very suspicious. Why do aliens only […]Read More

WHEN Will the Recession Come?

EVERYONE expected the entire country and much of the world to be mired in a horrible recession by now. And yet, we’re still growing. I blogged about the reasons why […]Read More

More Great Inflation News; Rates FALL 1/2% This Week; Fed Victory Dance?

Another inflation indicator came into today below expectations – and rates fell even further. They have now fallen almost 1/2% this week!  In contrast last, I just blogged last week […]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

How Does America’s Doom Loop Play Out?

I interviewed with the President of Bear Stearns in the late 1980s. The interview went well, but he looked at my background in law and finance and said something like […]Read More

17 Huge Reasons for Optimism; Inflation Here to Stay; Rates Won’t Fall! Boy, Was I WRONG!

I have been blogging over and over about the likelihood of a disinflation, deflation and/or a bad recession for over a year now.  My blogs are based on the opinions […]Read More

Inflation Down & Rates UP? Uh Oh… What Now??

Yesterday’s Consumer Price Index (CPI) Report showed “the most intense decline in inflation in 70 years.” And rates increased at the end of the day – SHOCKING THE FINANCIAL WORLD! […]Read More

Why Most Agents Need to Refi Before October 15th; Will Rates Ever Fall?

A savvy agent emailed last week asking when she could refinance her condo which is currently at 6.5%. She was anxious to refi BEFORE she files her 2022 tax returns, […]Read More

Disinflationary Trend Continues Despite Oil and Autos! WHOOAA!

I have been touting the May 10th Consumer Price Index Report (for April inflation numbers) for months now in blogs and in my talks. I touted it with so much fanfare because Barry Habib has been doing so for good reason: The April of 2022 reading was high, so it made it much more likely that April of 2023 would look much better in a “year-over-year” comparison.Read More

#1 Reason America Will Always Reign Supreme – And Why We Don’t Need to Worry

 An excellent and extremely well-informed agent emailed me yesterday to ask me if we are heading into a depression, as Jeff Snider’s podcast was scaring the heck out of her.  And my answer was no for a variety of reasons. First of all, Mr. Snider always comes across as a bit too negative, so his info, while accurate, should be taken with a grain of salt.Read More

7 Reasons Why Analysts Are FURIOUS With The Fed!

I have never seen so much frustration and anger expressed over policy errors as I have over the last week – and it is all because the Fed is poised to raise the Fed Funds Rate 0.25% today. This will bring us to a 16-year high in what has been the fastest rate hiking cycle in history, and it will likely bring our economy to its knees.Read More

Why We NEED A RECESSION & Soon!

Marshmallow.com = My Favorite App! I love marshmallows. And – every three to four months when my craving gets bad, I order marshmallows right to my door from marshmallow.com. And […]Read More

February Pending Homes Sales: Great News Or Awful News? Inflation Down

The total number of homes that went into contract in February increased by 0.8% in February compared to January. Here are two reactions: Mortgage and Real Estate Industry:  “Holy Smokes – that is amazing, great news, and concrete proof that the housing market remains incredibly strong!” Diana Olick of CNBC:  “We’re all going to die!”Read More