Makes no sense yet the numbers continue to improve.
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Ed Dowd goes into it here. Unemployment numbers are fake so the Feds keep raising rates. But I’m a data person and this whole interview is interesting.
https://www.youtube.com/live/Eyujh-fNQjk
Sometimes I think that Biden is in place specifically to be the Fall Guy for the raising of interest rates, which is faaaar overdue, as much as I hate it. If you have data/finance understanding, hopefully you will agree that we should look at prices as "(Value+Demand)/Interest Rate", like a share of a stock. What I see is interest rates and prices going up. So either demand is PLUMMETING or we're in a total Clown World moment here/"Crack Up Boom". Probably both.