Friday: Personal Income and Outlays, PCE Prices, Fed Chair Powell
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All US markets will be closed in observance of *Good Friday*.
[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top t...
11 hours ago
2 comments:
Would this be a bad time to point out that there is high-end demand for pent-up dog clippers?
Well, probably best not to point it out to professional dog groomers. *cringe*
The Fed wanted us to spend more money now. Mission accomplished. The dog clippers and table will pay for themselves in about 3 haircuts. Then what? Less spending overall.
I sure hope:
1. The Fed knows what it’s doing.
2. Our behavior is the exception and not the rule.
Roaring twenties is certainly possible, but this household certainly won’t be roaring. Hard to roar when real yields on long-term Treasuries are negative and the stock market is richly valued. Low expectations for the future, to say the least.
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