There was a glimmer of hope in the housing data from January. The stock market rallied sharply and there was a lot of commentary about how the economy is headed back to boom time. I am not so confident and I still firmly believe that the "muddle through" scenario I mentioned in my full year outlook is the baseline. And I would argue that the asymmetric risk ...
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Feb 23, 2023, 7:48pm
Fundamental: Has Housing Bottomed?
There was a glimmer of hope in the housing data from January. The stock market rallied sharply and there was a lot of commentary about how the economy is headed back to boom time. I am not so confident and I still firmly believe that the "muddle through" scenario I mentioned in my full year outlook is the baseline. And I would argue that the asymmetric risk ...
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