SHORT VERSION → Inflation Reversion Core Inflation has averaged 3.2% over the past 62 years. Core Inflation is currently 5.1%; the FED’s target rate for inflation is 2%. How long will it take for Core Inflation to revert from 5.1% to 2%? Take notice during the 70s and 80s when inflation spiked above the 2%read more “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.”
POWELL SPEAK: “WE DO NOT KONW!?” A few different terms are often used to describe markets that are overvalued or otherwise considered to be in a “bubble.” 1. Overheated – This is perhaps the most common term used to describe a market that is considered to be in a bubble. An overheated market is oneread more POWELL SPEAK: “WE DO NOT KONW!?”
“𝐌𝐢𝐬𝐟𝐢𝐭𝐬 𝐚𝐫𝐞 𝐬𝐮𝐢𝐭𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐢𝐬 𝐬𝐨𝐫𝐭 𝐨𝐟 𝐟𝐮𝐧!” I turned 61 on November 6. For my birthday this year, I wanted to do something to shake it up and test myself physically, so I decided to run 61 miles from Miami to Palm Beach. I started my run at 5 am in Miami, and theread more Running 61 Miles From Miami to Palm Beach for My Birthday!
Welcome to the world, Bucky! On October 13th, the S&P 500 fell to an intraday low of 3,491.58 from its peak of 4,796.56 on January 3rd; the market was down 27.2%. The news that Thursday morning was a gut punch for our economy. Core inflation confounded analysts and soared to its highest level in forty years! Tradersread more Baby Bull Gestation Period is 283 Days
The sharp decline in U.S. home prices continues. The past two monthly rates of change represent the most significant deceleration in the index’s history. All three composites declined as did prices in each metropolitan area. The notable exception was Miami, where prices remain elevated. 30-Year Fixed Mortgage Rates were 5.4% during this report; now, theyread more 𝗜𝗦 𝗧𝗛𝗘 𝗚𝗥𝗘𝗔𝗧 𝗛𝗢𝗨𝗦𝗜𝗡𝗚 𝗕𝗢𝗢𝗠 𝗢𝗩𝗘𝗥 →