Keep an eye on DC. It is here that corrections are made, it's nothing but a mess on both sides of the aisle. Keep an eye on the FED's goal on a 2% inflation rate. They don't care about your feelings, that is their goal, 2%
Talk to grocery store owners and their vendors. Economists often watch the price of commodities like beef, turkey, and eggs (never forget the $7 per dozen era that was January 2023) to keep an eye on consumer spending, which helps them understand the pulse of the overall economy.and click.
Watch the Treasury Bond ( 11:22 into video ) activity and the link to mortgage rates.
If you're on FB, Click, this is another link facing the real estate market, some may think differently but war should be on the list. If you pay attention to 1-7 you can predict our economic situtation in buying and selling real estate. This is why creative real estate transactions used in the 1980's will be helpful in the 2020's. I've experenced the pain in 1976-81 Carter tenure of slow economic growth, rising prices and rising unemployment, and the corrections in the Reagan tenure, the pain of the dot com bubble in the 1990's, 2006-2009 Frank-Dodd mess up, and 2021-23 mess with mindsets of the republications and democrates. Watch the behaviors of these mindsets. When many agents left the real estate industery, I weathered it out. I know the market behaviors, I know what's around the corner with inflation, stagflatiion and selling your home righ the first time. Understanding it all comes back to items 1-7 above. Check this out, a term called reflation. if rates drop to around 6% in April and the FED is trying to maintain a 2% inflation rate for an extended time, something is fishy. Why are they going against their 2% goal when its at 3.48% in March. Click here If it gets close to 2%, and it might, they'll need to leave things alone, if they lower the rate it will go right back up.
Click here for inflation
calculator. Based on
# 2 above, CPI. Click
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