Charlie Munger Predicts Commercial Real Estate DOOM | Hot Sheet 05/01/23
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The Market Priced in a 90% Chance That Drone Powell Is Going to Rake Rates
The market has priced in a 90% chance that drone Powell is going to go for another increase. Logan Motor Chami from Housing Wire believes the Fed's not going to stop raising rates until the job market breaks. The 30 year fix came down a little bit off of where it's been the last two or three weeks, not a whole lot. But if trend follows the last couple of times that when the FOMC announces their federal interest rate hike, that we may see the 10 year drop this week.
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