Wild to see us just steadily trotting along at a 63 on the F&G Index while we keep steadily climbing. Not even at levels seen all throughout July.
Funny to think that back in early April, outlook was so grim that the index was around 3/100 to 4/100 for a few days.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1MptZ&height=490
Besides the small dip from Fed hiking cycle, home prices have continued to go up. Rent CPI is 3.5%.
With cuts prices and rent will continue rising. Do everything in your power to buy a home.
No. It's backed by what is actually happening.
You're the one that is extremely uneducated and misinformed. You have severe Dunning-Kruger. You read a couple doom headlines on social media and think you know something.
Chances are you don't even know what credit conditions look like or how the modern Fed works at a basic operational level.
If you look at the actual trade weighted dollar indices the Fed uses, dollar is actually doing quite well still.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1Mph7&height=490
DXY is still at normal levels and hasn't fallen much after the initial drop. Still above the lows from recently.
Yea and we will go way higher than 24. I wouldn't be surprised if we get it up to 26 or even 28.
Can't even compare the two. Rates were far higher back then. Look at credit conditions:
https://fred.stlouisfed.org/graph/fredgraph.png?g=1L3YT&height=490
https://i.imgur.com/qqQcLaM.png
Now... let's all look at today's chart. The literal opposite.
https://fred.stlouisfed.org/graph/fredgraph.png?g=1L3Va&height=490
https://i.imgur.com/lwFwi7r.png