Interest rates are not going down, inflation is still high, pressure is building up …

by BoatSurfer600

Dave Burt, CEO of investment research firm DeltaTerra Capital, was one of the few skeptics who recognized the housing market was on the brink of collapse in 2007.
Now, he believes an overlooked and unpriced climate risk could see history repeating itself.
“We think of this repricing issue as maybe a quarter of the size and magnitude of the [global financial crisis] in aggregate, but of course very, very damaging within those exposed communities,” Burt said.

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US gas prices have hit a five-month high, fuel-tracker GasBuddy said Thursday.
Americans are paying an average of $3.54 a gallon to fill-up their vehicles, and $3.65 is in sight.
Gas prices are rising following a jump in oil prices after OPEC+ said it will slash production starting in May.

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