Swordsmyth
Member
- Joined
- Apr 14, 2016
- Messages
- 74,737
Inflation still rising , Fed expected to cut another 1/4 point . After that to see about 4 more 1/4 point cuts across a yr or so ( which I think will be needed to increase auto / home sales and prevent growth sliding ) Id guess there will have to be fed govt spending cuts , large and immediate. In about six months we would be entering the exceeding of four years of third world food inflation in a country with no control over immigration with a housing shortage. Home prices rose sharply in Sept while new home sales dropped nearly 18 percent in Oct. US new median home price 399,097.00 , median income 39,819.00
Watch the fed hike now that Trump won.