Can't imagine why survey respondents say it's a bad time to buy a home pic.twitter.com/guajV4Oo3o
— Not Jim Cramer (@Not_Jim_Cramer) June 20, 2021
https://twitter.com/TeddyVallee/status/1406444706343628804
The US monetary base has gone vertical again.
@TaviCosta
https://t.co/ze7mC1PpHm pic.twitter.com/Qgw0HAMDhH— Crescat Capital (@Crescat_Capital) June 19, 2021
The St. Louis Fed President James Bullard expects a rate increase late next year. “The inflationary impulse, I think, is more intense than we were expecting.” https://t.co/BxbvMXJAfQ
— Real Time Economics (@WSJecon) June 20, 2021
Capital Account: The Federal Reserve is warily watching whether the public’s expectations for inflation are starting to head up. https://t.co/3SixGttrWh
— Real Time Economics (@WSJecon) June 20, 2021
QE and ZIRP has pushed up asset prices, including property to the moon. Investors pile into property, pushing up prices and rents down but reducing the housing stock available for owner occupiers, pushing prices up more. This is a grotesque state of affairs is directly due to CBs https://t.co/Ih9cXHFj33
— Albert Edwards (@albertedwards99) June 19, 2021
Housing market on fire. Fed keeps adding gas…
New Test for Central Bankers: Booming Prices…
HSBC offers sub-1% mortgage as interest rate war intensifies…