Month: July 2024

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I disagree that Americans don’t need trips to Europe.  I need them.  Just went to Vienna for a week, and it was absolutely wonderful.  

By Pucklore | July 25, 2024 |

Europe runs at a slower speed than the U.S. – at least vs the East Coast and Midwest where I have lived.  They also appreciate some of the basic routines of life more – like eating.  No seriously, let’s just…

The Fed should not lower interest rates at the September meeting.  Based on my local markets, we are operating at the Neutral Rate.  I’d even argue for a 25 bps increase.

By Pucklore | July 11, 2024 | Comments Off on The Fed should not lower interest rates at the September meeting.  Based on my local markets, we are operating at the Neutral Rate.  I’d even argue for a 25 bps increase.

Why are we at the Neutral Rate?  Because some of the profligate easy money home buyers that bought late-and-large on debt are selling now.  Many of these homes have been completely gutted, too but are now for sale indicating their…

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