Inflation already happened. The damage is already done with it. What we need is wages to increase that have not kept up with inflation so that the middle class has room to breathe.
Energy prices going back to where they were during the Trop era will also help. And lastly, we need to incentivize home construction at a level. We’ve never done before to make up for the supply shortfall that is currently causing old prices to be sky high.
I heard in some municipalities such as counties near LA that to build a home even before one shovel breaks ground. You need to spend 150,000 in permits and licenses. That’s insane
If rates are cut, the dollar doom cycle continues, with a declining dollar which prompts rising oil prices.
RLTW