Home prices are now falling, piling on the Fed pivot from near and dear to the FOMC (models).
Eurodollar University - En podcast av Jeff Snider
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As if there aren't enough suspects which could end the Fed's rate hikes regime (more importantly represent serious threats to the economy and markets), now we have confirmed falling home prices to add to the already-toxic environment. The empty suits at the FOMC are glued to the CPI which reflects last year's home prices while this year's indicate rapid deterioration. What a world.
