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Home Team | PBD Podcast | Ep. 291
PBD Podcast
The Fed's Job Report Is Too Hot
The market is going to react as soon as the reports come out, because it's going to tell the market what he's going to do. He also said, I don't really see a recession this year. That means maybe everything the Fed did here, even though we had a lot of layoffs and people are looking for work, maybe we've gotten through this thing. We're still going to see those rates between 6 and 3-quarters and 7.9%. So that's where the rates are, but it's still going to be heavy on mortgages.
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