Phillip Spears/Getty Images Dallas Fed economists warned of a 19.5% housing market correction in a Tuesday research report. In their view, given the steep growth of price-to-rent ratios, among other factors, “the bubble hypothesis merits attention.” “The possibility of a ...
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Posted in 2008 recession, DataTrek, downturn, Federal Reserve, Great Recession, Inflation, interest rate hikes, Interest Rates, Markets, MI Exclusive, Recession, Treasury
A recession indicator is blaring louder than it did before the 2008 downturn – but ‘no one seems to care’
BrightReuters A New York Fed economic model shows the odds of a recession in the next 12 months are at 57%. That’s worse than it was before 2008 and the highest it’s been since the early 1980s, according to DataTrek ...