Nobody I know is really any better off than they were one and a half years ago.
Plus gasoline and heating oil or Diesel fuel is higher. Lumber is almost double. Dow SnP falling doesn’t help psychology, and home prices are probably topped off with the Dow SnP.
When the ten year bond hit 3% yield? Everybody was betting on it going higher? Well now its 2.93% another sign of contraction.
Energy costs 1.5 years: