Loading ...Your right about all that and inflated home prices are driving up property insurance and taxes. Demos want to raise taxes too. I hardly drive anywhere now that I’m retired and thanks to Amazon but yet that and good driving records car insurance up about 40 percent too for full coverage which you need in Calif. One of the reasons they gave is ” you live in Calif.” Calif tends to attach taxes to companies for having the ” privilege” to do business here is what demos think and gas hanging around at 5 plus a gallon in north Calif. Extortion on anything you need to buy. Demos ideations not faced with reality and this is the result.
I can’t see Powell raising rates either maybe just not lowering them but who knows.
I saw this last night. Banks are stressed I guess. Jamie Dimon fearing the Fed will raise rates. I’ll just watch the market. if you scroll down you’ll see on social security anyone expected to live past 11 yrs from now with get a cut. These clueless politicians could have had it actively managed with stocks included to create passive income with all that money but instead treated it like a slush fund. It should be privatized and out of their hands.
Increasing talk of stagflation but perhaps after an economic downturn.
https://finance.yahoo.com/news/jamie-dimon-says-chance-fed-102302864.html