David & Tyler discuss the latest decision by the Fed and the bizarre market reaction, the very surprising jobs report that showed the labor market is still as hot as ever, the CPI report that showed inflation cooling but not as fast as expected, the cooling housing market, and the jump in homebuilder confidence.
Show Notes:
- The Fed Raises Rates a Quarter Point and Signals More Ahead https://www.nytimes.com/2023/02/01/business/federal-reserve-interest-rates.html
- Unemployment Falls to 3.4%, Lowest in 53 Years, Jobs Report Shows https://www.wsj.com/articles/january-jobs-report-unemployment-rate-economy-growth-2023-11675374490
- Inflation Cooled Just Slightly, With Worrying Details https://www.nytimes.com/2023/02/14/business/economy/january-cpi-inflation-report.html
- Home Prices Fell in November for Fifth Straight Month https://www.wsj.com/articles/home-prices-fell-in-november-for-fifth-straight-month-11675175601
- Homebuilder sentiment in February improved by the biggest amount in a decade https://www.cnbc.com/2023/02/15/homebuilder-sentiment-february-biggest-gain-in-decade.html
David Macaione # 117378 and Tyler Cralle # 2028201 | TowneBank Mortgage is an Equal Housing Lender. NMLS # 512138. This not a commitment to lend. The content of this video are for educational and informational purposes only. TowneBank Mortgage is not a financial advisor.
