#Market panic because of Biden and Powell’s inflation incoherence

#Market panic because of Biden and Powell’s inflation incoherence

“Market panic because of Biden and Powell’s inflation incoherence” Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word. But speaking in riddles is different than acting in riddles. And that’s exactly what the Biden administration and Fed…

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#The Fed could turn the housing market from boom to bust

#The Fed could turn the housing market from boom to bust

“The Fed could turn the housing market from boom to bust” Herb Stein famously said that if something cannot go on forever, it will stop. Those buying houses in the belief that today’s rapid rate of home price increases will continue indefinitely might take note of the economist’s adage. With the Federal Reserve beginning to…

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