Yes, inflation is killing us, no matter how you look at it.
Thank you for the sentiment about the traffic, but I'm milking this work-at-home for as long as possible. So the only traffic I am encountering this morning is my dogs coming into my office for belly rubs.
You're right, about inflation.
Saw this....
We're Goin’ Down! Treasury Curves Goes Negative As Mortgage Rates Hit 5.87% As Fed Tightens Its Choke Hold
Confounded Interest ^ | 06/14/2022 | Anthony B. Sanders
Posted on 6/14/2022, 7:12:07 AM by Browns Ultra Fan
We've goin’ down!
The US Treasury 10Y-5Y yield curve has gone into negative territory (which usually occurs before a recession). At the same time, US mortgage rates are climbing like Tom Cruise in “Top Gun: Maverick” to 5.87% as The Fed tightens its choke hold on markets.
(Excerpt) Read more at confoundedinterest.net ...
Good for you, gub!
“Gee, boss, I’m not feeling well, but I promise to work on it from here!”