New Home Sold & Recession Risk
This chart is pretty much self-explanatory and I don't think I have to go too deep into it.
While the current level of new homes sold of 600k is normal. A continued deterioration
would be of great concern. With sustained higher rates there is a good chance this will
trigger a recession signal.
On the flip side, FED PIVITOORS have been wrong that we were/are in a recession. I have
been very vocal on that point and rightly so. That does not mean when the facts change
that I won't change my mind.
As always I am very cautious as to what I post and strive to give you the best honest
analysis I possibly can. Accuracy matters to me. Shotgun predictions accuracy does
not interest me at the least.
If I don't talk to you before the holidays. Health and happiness with lots of profits! :)
While the current level of new homes sold of 600k is normal. A continued deterioration
would be of great concern. With sustained higher rates there is a good chance this will
trigger a recession signal.
On the flip side, FED PIVITOORS have been wrong that we were/are in a recession. I have
been very vocal on that point and rightly so. That does not mean when the facts change
that I won't change my mind.
As always I am very cautious as to what I post and strive to give you the best honest
analysis I possibly can. Accuracy matters to me. Shotgun predictions accuracy does
not interest me at the least.
If I don't talk to you before the holidays. Health and happiness with lots of profits! :)
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.