Yupper. But....According to Poopy Pants Puppeteers, we are not in a recession.
Who wants to bet here that unemployment will start to inch up as businesses freeze hiring and start to cull their ranks of low performers?
With home mortgage interest rates now at 5.45% (30-year) and probably be 6% or higher in August, new home starts will plummet. LOL, well they have already started to plummet,
There were 590,000 new home sales nationwide in June (SAAR), down 8.1% from May and down 17.4% from June 2021, according to the U.S. Census Bureau. - Zillow
Is there anybody out there not understanding that PP and his puppeteers are trying to tear down the country to implement the
Great Reset Build, Back, Better?
