While some economists are cheering the post-COVID economic recovery, I am not among them. Rampant inflation and bad economic policies are plaguing the non 1% of the population.
For example, new home sales dropped -23.1% YoY in October. As consumer sentiment for housing crashed to 63 (baseline of 100).
Why are consumers bummed-out about buying housing? How about rapidly accelerating new home prices???
Confounded Interest - Anthony B. Sanders 
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