- Feb 5, 2006
- 35,787
- 6,197
- 126
https://www.marketwatch.com/story/h...wn-in-recent-weeks-redfin-ceo-says-2018-08-09
But now we are seeing it trickle into stock markets big time. Also, inflation adjusted real wages are dropping despite enormous deficit spending fiscal stimulus being pumped in.
https://www.washingtonpost.com/busi...entirely-by-inflation/?utm_term=.a8a720f55730
Definitely seeing it in Silicon Valley, lots more inventory and significant price decreases already from admittedly crazy spring.The housing market hit a sudden and “significant” slowdown in the past few weeks that could continue in coming months, Redfin Corp.’s chief executive said Thursday afternoon.
But now we are seeing it trickle into stock markets big time. Also, inflation adjusted real wages are dropping despite enormous deficit spending fiscal stimulus being pumped in.
https://www.washingtonpost.com/busi...entirely-by-inflation/?utm_term=.a8a720f55730
This is all before big tariffs hitting the fan and raising prices of everything. Then we are going to see real stagflation. Not good.Cost of living was up 2.9 percent from July 2017 to July 2018, the Labor Department reported Friday, an inflation rate that outstripped a 2.7 percent increase in wages over the same period. The average U.S. “real wage,” a federal measure of pay that takes inflation into account, fell to $10.76 an hour last month, 2 cents down from where it was a year ago.