ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
September 14, 2023 | Oil Hits $90!
Crude oil just hit $90/barrel – a new high for 2023 Oil prices are now up a massive 35% in just 3 months. Inflation always starts with energy.
August 31, 2023 | Good and Bad News
Let’s start with the bad news. Being that housing prices are high and affordability is ridiculously low, the pic is pretty much accurate – especially in California. The good news? History tells us that market conditions like this are temporary and won’t last forever. Housing prices will fall (and become affordable again) at the […]
August 14, 2023 | Where Mortgage Rates are Going
Since Jan 2023, mortgage rates show a chart pattern that is characterized by higher highs and higher lows. The average rate on a 30-year fixed mortgage rose to 6.96% as of Aug 9th, 2023. Rates hit a 20-year high of 7.08% in Nov 2022. With the rate of inflation coming down, many real […]
August 4, 2023 | Food Inflation: 7.1% or 22.6% Per Year?
If you want to know how much food has gone up in the last 12 months, don’t ask the US government – ask people who shop for food everyday. Based on a survey of 8,000 US grocery shoppers nationwide, they said food at home prices rose by an estimated 22.6% from April 2022 to […]