“If you always put a limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them."
— Bruce Lee
2024 will register the lowest volume of home sales since 1995 due to the combination of higher interest rates, record high prices, weak inventory in many areas, and the lock-in effect of low mortgages: the lock-in effect has “prevented” the sale of an estimated 1.33 million homes.
This week’s inflation data provided more evidence that the Federal Reserve is nearing its 2% objective, a mark that Goldman Sachs thinks the central bank may have already hit.
From a policy standpoint, lower inflation opens the door for the Fed to keep cutting interest rates. Hopefully, the 10-year Treasury follows suit (MarketWatch).
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