Thank goodness! The Fed decided not to fan the hair on fire reaction to the recent inflation data. Instead, they put a bit of the fire out by announcing QT will be winding down. Can’t imagine they would do that if they didn’t think inflation was headed back to target. And it is.

Good #fish advice from a fellow #Aegean 🌊 We do the same on the other side of the Aegean 😉

The economy is “doing well, but interest rates are high, and those rates are like a corrosive on the economy; you know, they wear the economy down, and at some point, something could break,” Moody's Analytics chief economist Mark Zandi says.

JUST IN: Inflation cooled slightly in April to 3.4% in the past year (down from 3.5% in March). Rent and gas are the big inflation drivers now. Together they contributed over 70% of April inflation. Core inflation (the reddish line below) fell to 3.6% -- the lowest since April

Are we **finally** seeing some relief in rent inflation? April was the smallest monthly gain for rent of primary residence since July 2021. (See chart) April rent gain: +0.28% March: 0.37% Feb: 0.40% Jan: 0.34% Dec: 0.43% Nov: 0.53% Oct: 0.54%

Remembering and honoring the #courageous men and women of the #USMilitary who've made the ultimate sacrifice 🇺🇸 #MemorialDay #WeRemember #RenginMorroRealtor

It is time for the Fed to begin cutting rates. Keeping rates high threatens to do unnecessary harm to the economy, particularly to the housing sector. Jim Parrott and I have an op-ed in today’s WaPo. Washington Post Opinions wapo.st/3RfqLRI

Great inflation report! While this morning’s consumer price inflation report for May probably overstates the disinflation case, it makes a strong case that inflation is headed back to the Fed’s inflation target. All the trend lines look good. It is time for the Fed to cut rates.

Check out my latest article: Cash is King in DMV metro area housing market! linkedin.com/pulse/cash-kin… via LinkedIn

The economy is throttling back, with real GDP on track to grow 1.5% in the 1st half of this year, down from 2.5% last year. Unemployment is low at 4%, but on the rise. The increase is nearing a threshold that signals a recession is dead-ahead. The Fed should cut interest rates.

I don’t want to jinx anything, but what a fantastic week for the economy - strong real GDP growth and inflation that is arguably already consistent with the Fed’s target. Most encouraging, it appears the economy’s growth potential is much higher than is commonly thought. Labor

Dear Fed: As some of us have been saying for a while, you’re well behind the curve. Inflation has been beaten; labor market weakening fast. Cut, cut, cut.

The clear message in today’s soft jobs report is the Federal Reserve needs to cut interest rates. They should have begun cutting rates months ago. Job growth is decidedly throttling back, unemployment is rising quickly, hours worked per week are low and falling, and temporary

With the Federal Reserve set to lower interest rates, the economy is in an exceptionally good place. It is operating at full employment, with unemployment at just over 4%. Unemployment has edged up recently, but this is due to more labor supply and not less labor demand as

Today’s revisions to the GDP accounts are worth a look. Both real GDP and real GDI (an alternative way of measuring overall economic activity) were revised up over the past several years, and over the past year both have increased by more than 3%. With unemployment rising, to be

Cats always win.. 😅

Meticulous photo of a neighboring celestial body, that combines multiple pieces of expensive equipment, days of work, with years of experience: 📉 Quick snap of cat with thousand-yard stare 📈 Never underestimate how much the internet loves cats 🤣

The plotting of the Christmas tree's demise has begun.

answer is simple: selling a ticket for more than its face value should be illegal. then there is no chaos and you give us back the control instead of creating a bizarre free market of confusion amongst the audience who we love and care for.

Who could have predicted that just one short year after adoption Gregory would be on TV eating a Planet