Real Estate Market Will Stay "Savagely Unhealthy" For A Long Time | Logan Mohtashami
Forward Guidance
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The Economic Cycle and the Recession Red Flags
"I thought tracking economic cycles should be very boring it's not sure not supposed to be as exciting as people make it but i need kind of six things to happen before i go on recession watch and just a quick version you know number one is the unemployment rate gets to a certain level," he says. "The builders confidence index collapsed recently that's a very good that's a probably our best survey in america is the builder survey because it's really based on profit only not ideological takes so when it falls the state of line is falling right?" He adds, "If we have booming demand where we had overinvestment there will be too much supply durable goods spending and retail sales
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