Steve Gallagher
Steve Gallagher
expected finally housing maybe months numbers sign weaker
The housing numbers were weaker than expected and that's two months in a row. Maybe we're finally getting a sign that housing is moderating a bit.
betting continuing fears fed inflation investors market
Inflation fears are not that great, so the market is still comfortable with the Fed continuing on its path. Investors are betting on more of a flattening of the curve.
consider data december employment increases question reports steady supports taking
There is a question of steady increases or taking a pause. I think this data supports a pause, but we still have two more employment reports to consider before the December FOMC meeting, so it's not over yet,