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409

Or not

Or not

(post is archived)

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Based upon...?

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Used car and home prices falling. Inflation cooling. Feds unlikely to raise rates again. Jackson Hole comments from Powell.

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Would car and home prices falling be indicative of decreased demand due to high interest rates? Remember that demand for those is largely driven by interest rates from "muy monthly payment" NPCs.

That seems like it'd indicate the opposite.

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Opposite of what? Slower economy indicates less danger of rates rising. This is good for the market even though it is somewhat counter intuitive.