Today’s podcast discusses the possibility of a recession with rates being this high after all our short-term rate hikes. Real yields are very restrictive now, and the history of real yields being this restrive means a recession soon.
https://www.housingwire.com/podcast/logan-mohtashami-will-these-higher-rates-create-a-recession/
I also wrote about today’s existing home sales report.
https://www.housingwire.com/articles/closing-in-on-halloween-the-housing-market-is-still-savagely-unhealthy/
Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW Plus to have access to the tracker, please use my LoganVIP20 code.
https://www.housingwire.com/articles/want-off-this-mortgage-rate-roller-coaster-good-luck/
“Keep your face always toward the sunshine and shadows will fall behind you” Walt Whitman
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.