Tag Archive for: recession

0% Interest Rates – Coming Soon! (per Alf Peccatiello)

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I Love ZIRP! My love for ZIRP cannot be overstated. Every morning, I zirp up my pants, go to 7-Eleven and order an extra large Zirpee, and listen to my […]Read More

Why We NEED A RECESSION & Soon!

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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

Fed Raises Rates; Mortgage Rates PLUMMET; Why? JVM’s Here to Stay!

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JVM was officially founded in 2006, and effectively founded in 1999 under another name by my wife, Heejin – with much of her operation carrying over to JVM in 2006. All this is to say that we are definitely here to stay, as we have ridden through several very serious downturns with nary a scratch, and we are now stronger than ever.Read More

Recession Coming Soon – DESPITE A STRONG JOBS REPORT!

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“IF A RECESSION IS COMING, HOW DO YOU EXPLAIN THE STRONG JOBS REPORT?” That was an email I received this morning from the most prominent voice/blogger in the mortgage industry. […]Read More

DANGER! Don’t Look Through the “2008 Lens!”

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Lyn Alden is probably my favorite Macro Analyst, as she is clearly brilliant and also very articulate and objective. I HIGHLY recommend following her on Twitter and on any podcast […]Read More

Much Lower Interest Rates By March; Why & What It Means

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On Thursday, CPI (inflation data) came in lower than expected – and we saw one of the largest one-day rate drops ever. I of course blogged about it here: THIS […]Read More

How Interest Rates Impact Home Values (Not What You Think)

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“Jay, How Naïve Are You?” That was the response I got from a past client last spring when I was noting how higher interest rates had not yet impacted home […]Read More

DEFLATION Coming Soon To A Theater Near You!

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Stephanie Pomboy is the founder of a macro research firm called MacroMavens, and she was on this Wealthion Podcast recently, and it was so interesting I had to blog about […]Read More

Why’s Inflation Higher in U.S.? Scary LinkedIn Indicator! I Missed Something HUGE!

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Today’s blog is a “random show” – hitting a few (really interesting) topics briefly. Something Huge I Missed: Rising Incomes! In my blog yesterday about putting rising housing payments in […]Read More

This Ain’t 2008 – Again

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I Could Rotate My Foot 270 Degrees – So Naturally, I Panicked About 15 years ago, I turned my entire knee into butter while I was skiing at Squaw Valley […]Read More

China’s Banking System Collapse Is Terrifying; Why It Matters

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EVERYONE IS FOCUSED ON “FED DAY” – which is the day of the month (today) on which the Fed announces its latest increase in the Fed Funds Rate (expected to […]Read More

Rates Keep Falling & Will Fall More; Timing The Market

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Rates fell again primarily in response to negative economic data, including revised data that showed the economy shrunk more than we thought in Q1 along with more recession indicators and […]Read More

Good News! Recession Coming Soon; Rates Continue to Fall After Fed Raises “The Rate”

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A week ago, I pointed out how the recent 0.75% increase in the Fed Funds rate resulted in LOWER long-term rates. I highlighted three reasons for this: (1) The markets […]Read More

High Rates; Softer Market; ARMs; Housing Shortages; Recessions; Refis

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Highest Mortgage Rates Since 2009 Last week’s sky-high inflation numbers have pushed 10-Year Treasury rates to levels we have not seen since 2018. While mortgage rates are at levels we […]Read More