Byron Lazine, Tom Toole, and Lisa Chinatti discuss this week’s (July 2024) FOMC meeting, the latest job report, a Mark Zandi Tweet on a report by the Minneapolis Fed, Zillow’s new state-specific touring agreements, the BAM interview with Stacy Sutter (CEO of Summit VA Solutions), and the strong probability of a recession.

𝐁𝐞𝐜𝐨𝐦𝐞 𝐚 𝐦𝐞𝐦𝐛𝐞𝐫 𝐨𝐟 𝐁𝐀𝐌𝐱: https://bamx.uscreen.io/pages/subscribe

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Resources:

https://nowbam.com/zillow-announces-new-state-specific-touring-agreement/

https://www.zillow.com/premier-agent/touring-agreement/

https://nowbam.com/optimal-inflation-policy-should-largely-ignore-housing-says-minneapolis-fed

https://nowbam.com/fomc-recap-markets-react-to-powells-remarks-plus-everything-that-was-said-about-housing/

https://apnews.com/article/economy-jobs-unemployment-federal-reserve-inflation-22095766804d9c1532b4fcc29565be49

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

https://www.cnbc.com/2024/08/02/job-growth-totals-114000-in-july-much-less-than-expected-as-unemployment-rate-rises-to-4point3percent.html

https://ycharts.com/indicators/us_recession_probability (Tom’s chart)

https://www.youtube.com/watch?v=1mKNGHiIAIY&t=3304s (BAM interview with Stacy Sutter)

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Connect with Byron Lazine:

https://www.instagram.com/byronlazine

Connect with Tom Toole:

https://www.instagram.com/tomtoole3rd/

Connect with Lisa Chinatti:

https://www.instagram.com/lisachinatti/

Join the 5AM Call: https://5amcall.com/

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#Zillow #jeromepowell #fomc

Q & Trey: Hold That Thought