[Boffin]

It is tough to argue with the market place. Mortgage rates are up today.

[Normal]

Originally Posted by Boffin

It is tough to argue with the market place. Mortgage rates are up today.

Correct!

6.23 on the 30 yr today
Was 6.15 yesterday

[CoachKandSportsguy]

Historically:
certain people have memories of Arthur Burns, which some of us remember. .

Currently:
The inflation numbers are suspect, especially with Owners equivalent Rent and medical insurance, and govt workforce reductions.
The workforce numbers are suspect, with fewer businesses reporting numbers timely and responding to surveys, and govt workforce reductions.
The tariff numbers and impact are suspect, with changes occurring daily, and whimsically. .

Results:
So decision making under increased uncertainty of the current status should required slow methodical changes, especially when the formerly reliable data is getting less reliable. . some narrative controllers want more unreliablility to amplify their narrative, which is more dangerous than not.

Be careful for what you wish. .

old former finance guy