The rent is ‘too damn high’
Apartment List National Rent Report https://t.co/KeEDtEpian
— Peter Boockvar (@pboockvar) August 31, 2021
Since January 2021, the national median rent has increased by a staggering 13.8 percent. To put that in context, rent growth from January to August averaged just 3.6 percent in the pre-pandemic years from 2017-2019. https://t.co/HAnSpA7cyJ
— Danielle DiMartino Booth (@DiMartinoBooth) August 31, 2021
A sharp drop similar to the University of Michigan's consumer sentiment report tumble. A headwind to the driving winds of taper talk https://t.co/OKU5daVsu6
— John Kicklighter (@JohnKicklighter) August 31, 2021
Weakest Consumer Confidence report relative to expectations since June 2019.
— Bespoke (@bespokeinvest) August 31, 2021
UK consumer borrowing fell to zero in July as Covid cases climbed https://t.co/VKQVQ11L3y
— Financial Times (@FT) August 31, 2021
The federal-funds rate, the Federal Reserve’s chief tool to control the momentum of the economy, is ticking lower again, raising the specter that officials may have to take technical action to bump it back up https://t.co/an7mQOBCGx
— WSJ Central Banks (@WSJCentralBanks) August 31, 2021
“June’s 18.6% price gain for the National Composite is the highest reading in more than 30 years of S&P CoreLogic Case-Shiller data.”