Going Down! UMich Inflation Expectations Jump To 16-Year-High, Housing Buying Conditions Remains Depressed

#bubble, #inflation, #wine, Banking, CMBS, CRE, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Housing, Inflation, Mortgage, New Home Sales, Oil, Pension, Powell, Treasuries, Treasury, Uncategorized, Wages, Yellen, Yield Curve 1 Minute

To quote Freddie King, the US is going down.

Longer-term inflation jumped to their highest since June 2008, according to the latest UMich Sentiment survey, while short-term inflation expectations dropped to four year lows…

Housing sentiment (buying conditions for housing) remains depressed under Biden/Harris
“Reign of (economic) error.”

Here is a picture depicting the assassination of the US housing market.

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Published by confoundedinterest17

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