This week Brian discusses how Housing Starts are now hovering in the same territory as the highs reached prior to the Great Recession; an economic instance spurred by excess housing activity and high home prices. We also cover the latest reading for the Leading Economic Index (LEI). The index grew 0.7% month over month, a bit slower than the previous three months but still squarely in positive territory.
So has any of this materially changed our view (or the Fed’s) on the great inflation debate? Brian explains.
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Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID: # 1- 05171861, 1-05170903, 1-05171473.