Going Down! UMich Inflation Expectations Jump To 16-Year-High, Housing Buying Conditions Remains Depressed
by confoundedinterest17 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 …