The following chart shows the natural log of the median consumer price index. I have added a long-term trend channel in green and a short-term trend line in red.
If the green channel represents the runway and the red line represents our current flight path, then we'll be very lucky not to careen off into the wastelands.
California Home Sales Up 4.9% YoY in March; 4th Look at Local Housing
Markets
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Today, in the Calculated Risk Real Estate Newsletter: California Home Sales
Up 4.9% YoY in March; 4th Look at Local Housing Markets
A brief excerpt:
From...
3 hours ago
2 comments:
Prices are now cleared for departure.
CNBC: Fed's Daly: Do not want to tip economy into downturn
Has a ring of truth to it.
Samara Morgan - But I do, and I'm sorry. It won't stop (The Ring 2002)
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