3min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

The cold, hard truth about what the Fed must do

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

The Positive CPI Number for June

The energy component last month in June is going to show any prices came down. Community prices, not much moderation, but home prices are now back at all time highs. Nobody predicted that rates would go from three to 7% and you'd see home prices go higher. Get oil prices move up significantly. Hotel prices are still surging. We've done very, very well being early to party. And so yes, I see a positive CPI number tomorrow.

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