If inflation is 3%, why do home buyers need to earn 80% more than they did in 2020 to afford a home in today’s market

https://finance.yahoo.com/news/homebuyers-need-to-earn-80-more-than-they-did-in-2020-to-afford-a-home-in-todays-market-090055980.html They can redefine recession, change how and what CPI numbers measure, but they can’t redefine prices without actually putting more buying power into wallets. At the end of the day, manipulating reported numbers is just covering up for a …

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Stock Market Cliff Dive

BY DAVID HAGGITH News today really puts the Fed in a tough bind and strips away investor delusions about rate cuts. Photo by Jeremy Perkins on Unsplash Such a torrent of horrible economic news hit today, particularly for the Fed, that I cannot …

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Stock Market Bubble Starting to Crash

The current stock market bubble has been persistent over time but it is showing the first signs of cracking. No stock market crash in sight, but the fundamentals are clear – it is about when. But then of course, no …

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