We’ve seen some nasty economic data over the past month. Aside from a still hot labor market, there weren’t many bright spots.
Inflation rose 9.1% in June, the highest reading since 1981
The national average for gasoline topped $5 a gallon for the first time
33% of listed homes have cut their prices
Home builder confidence fell to the lowest levels since May 2020
30-year mortgage rates hit 5.8%, the highest s…
The post What’s Priced In? appeared first on The Irrelevant Investor.