by Keith Weinhold | Jul 25, 2022 | Blog
Though it’s not quite America’s favorite spectator sport, the new CPI inflation reading drops next Wednesday. The BLS play-by-play is slower than the NFL’s. But I’ll cover it like Al Michaels did the Super Bowl. Let’s compare the 2004...
by Keith Weinhold | Jul 25, 2022 | Blog
In “The Empire Strikes Back”, villainous Darth Vader tells Lando Calrissian: “I am altering the deal. Pray I don’t alter it any further.” Darth wanted to renege on his agreement, taking Princess Leia and Chewbacca captive. He lied,...
by Keith Weinhold | Jul 25, 2022 | Blog
The main reason that the real estate market has shifted is decreased home affordability. Demand has waned, but just slightly. The number of days on market demonstrates that housing demand still vastly exceeds supply. How you shift with the market depends on how...
by Keith Weinhold | Jul 25, 2022 | Blog
Ever more often, when shoppers walk out of grocery stores with not-so-full shopping carts, they have a look on their face like, “What just happened to me in there?” Soaring inflation is going to be around for a while. Tomorrow, the Fed will almost...
by Keith Weinhold | Jul 25, 2022 | Blog
May inflation was reported at 8.6% annually, dashing hopes that it’s peaked. As I like to say, that is just the level that the government is willing to admit to. It’s really higher. It’s the third month in a row that it has exceeded 8%. Treasury...
by Keith Weinhold | Jun 16, 2022 | Blog
Asking an angry spouse to calm down is not exactly a tactic that’s… effective. By now, Jerome Powell has been effective at raising interest rates to help America’s housing market calm down. Though mortgage rates have inched lower in recent weeks,...
