It’s interesting watching the investor behavior surrounding EVERYTHING the Fed does. Especially in an environment where inflation is high, it seems like everybody is hanging on every word said. It really doesn’t take much reading into though. The Fed has been transparent from the start about what they’re doing.
Here’s what I’ve been reading this morning:
- Inventory (at least here in NJ) has been historically low for homes on the market, but that might be changing. This article talks about how some sellers feel like they need to list their house soon in order to capitalize on the strong market before rates get too high.
- Considering this article was published on April 6th and the tax filing deadline is April 15th, yikes! This article discusses the difficulties some crypto investors are having when it comes to filing their tax returns.
- The Fed can’t control everything that has to do with the economy, as Cullen points out, but their current strategy seems to have them “chasing their own tail”. Cullen writes about how the Fed could be making a big mistake.
- When the demand for a product skyrockets, the natural expectation is that prices will go up. When the demand subsides, you would in turn expect prices to reduce as well. However, especially in the used car industry, that’s not happening. Once prices hit a certain point, it’s hard for them to come back down.