There may be a lull in rent increases as landlords finish recovering from Covid era deadbeats.
Interest rates price in past government irresponsibility.
Lots of people got 3% or less when Biden inflation was far higher.
Interest rates should price in the possibility of future inflation.
I’ve seen strong union gains at UPS, Southwest Airlines, Starbucks and Costco.
I also see Democrats increasing trying to buy votes by forcing employers to pay more - $30/hour for selling drinks and snacks at California airports.
Good stuff, thanks. Let’s look at these two, the rest are pretty obvious:
“Lots of people got 3% or less when Biden inflation was far higher.”
I don’t know what this means but I know that most people misunderstand inflation and inflation rates and what they mean.
“Interest rates should price in the possibility of future inflation.”
That’s the idea, and I don’t blame the FED for often failing, I don’t think the predicting ability required exists. The only hope is that the FED will bring about less extreme gyrations in inflation and employment than we would have without a FED. If the FED can act as a computer does on an engine to produce the best power at various RPMs that would be ideal, but I live with the fact that there is no certainty possible, especially in short time frames.