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Archive of entries posted on 17th June 2022

Rate hikes and the end of the Covid stimulus are killing housing, car sales, and speculation. But there is good news.

We’ve been through financial crises and we always come through. Getting through this one will take a while — at least a year, and likely a recession along the way. Here’s why. Two “reasons.” The Biden covid stimulus is over. The covid stimulus was huge, pumped in huge monies. The Fed kept interest rates low and […]