Well, you are always wrong except in this instance. Agree that it’s going to take some significant job losses to see cuts in land and housing. The market clearly doesn’t care what the fed does with rates, which is mind blowing to me. Time will tell if the rate hikes will continue to have an effect.
Well, you are always wrong except in this instance. Agree that it’s going to take some significant job losses to see cuts in land and housing. The market clearly doesn’t care what the fed does with rates, which is mind blowing to me. Time will tell if the rate hikes will continue to have an effect.
Uncle Jerome is learning just how slippery the notion of control can be.