No, proof teh market is saturated adn we need to ride this out. The risk of rising inflation is to great.
Isn’t this just the natural result of a boom/bust cycle? Why does everyone panic? The world’s not ending, as far as we know. It’s like gorging at the buffet, then complaining cuz there’s no more food, when you know they’ll make more. Just not until people walk off what they already ate. What’s the big deal?
it’s not the fed’s job to prop up the housing market or the stock market. the economy remains fundmentally sound (hint, the economy does not equal to the stock makret index or housign start), unemployment rate is low, corporate profits are good, productivity is up, there is no need to cut interest to stimulate the economy. if anything, the upward movements of food and energy cost may even suggest inflationary pressure - and cutting rates is not a good idea. the only thing cutting rates right now will do is to goose the housing and stock market, again, not the fed’s job ....