Goldman Sachs: “We expect core PCE inflation to slow to 2.4% by December 2025, reflecting further cooling in shelter inflation and easing wage pressures but a moderate boost from higher tariffs…We expect the Fed to deliver its next 25bp cut in March followed by two more 25bp cuts” in June & Sept.

The history of home prices over the last 80 years shows that national home price crashes are rare and typically not driven by higher mortgage rates, but rather by distressed sellers.

😂🔥

Today in Let’s Get Mnuchin To Buy TikTok headlines…

omg how does Apple Intelligence not have an option to disable Smart Replies in Messages? The replies are anything but smart. So far the only way I see is to disable Apple Intelligence altogether. If anyone figures it out, please let me know!

Economists who produce detailed inflation forecasts expect the November CPI to show that core prices rose about the same as in October, up 0.27% to hold the 12-month rate at 3.3%

The median forecast has headline CPI rising to 2.7% from 2.6%.

From the @FT: “Investors’ “relentless” appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. “

#markets

Omg incredible San Francisco sunrise sky this morning 🌅 always feel very lucky to live here…

this could be my HEAT

Hello from San Francisco 😊. Posts coming. Just need to de-fog after a long social hiatus 🌁 …