Good morning … Unless of course you were HOPING (not a strategy) for the LONG bond to have its BEST day since March 2020 …
Great Article....
The Bond Auction Blues are here....we better get used to it....
My 2 cents on Rents:
As a Renter in Arizona, for the past 5 years, I've seen rent soar at least 50 %..
True, many people are moving in to AZ, but I don't see New Rents dropping or lower.
Possibly the Rate of Increase will slow........I hope.
But there isn't any Deflation in Rents in AZ.
Rents are High as a proportion of Income and along with other Consumer Goods and
Services, makes Life much more Expensive.
The Service Sector(Travel) appears to be Booming and Inflation there is sticky. IMO
Great Article....
The Bond Auction Blues are here....we better get used to it....
My 2 cents on Rents:
As a Renter in Arizona, for the past 5 years, I've seen rent soar at least 50 %..
True, many people are moving in to AZ, but I don't see New Rents dropping or lower.
Possibly the Rate of Increase will slow........I hope.
But there isn't any Deflation in Rents in AZ.
Rents are High as a proportion of Income and along with other Consumer Goods and
Services, makes Life much more Expensive.
The Service Sector(Travel) appears to be Booming and Inflation there is sticky. IMO