Today’s podcast goes over the recent purchase application data, which needs serious context, but we have had four weeks of consecutive growth in the data line since rates have fallen. I also discuss how we can avoid a recession since all six of my recession red flags are up already.
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My six recession red flags are up, the last being raised on August 5th, 2022. However, recently, I laid out a case for how we can avoid a recession in the near term.
“We have always held to the hope, the belief, the conviction that there is a better life, a better world, beyond the horizon.” Franklin D. Roosevelt
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else