US Elections (& Politics) :)

Mortgage rates are already easing even though Fed rates remain at 4.5%

Why is that?

Supply and demand

Banks lowering rates because home sales have slowed
 
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Either the economy is strong and we shouldn't cut rates or the economy is going in the toilet and we should cut rates. You can't cut rates into a strengthening economy, it just doesn't make fiscal sense.

Trump claims the economy is booming
 
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Groceries are still going up. Autos are still going up. Toothpaste and most things you by made by P&G are going up.

Inflation

And what’s driving that now?

Tariffs

Wait till they fully kick in Sept/Oct
 
Groceries are still going up. Autos are still going up. Toothpaste and most things you by made by P&G are going up.

Inflation

And what’s driving that now?

Tariffs

Wait till they fully kick in Sept/Oct

Black is white, up is down - I guess it's time for the uni-party to start switching their roles as good cop, bad cop.

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Welcome aboard CNN - you losers are only a year late

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The problem is that what Banks and the Administration consider “good” for rates, conflict with what rates are good for YOU

We have different goals

Lower rates will benefit them, not you

We had rates at 0-2% from 2010-2022
Refer to the FRED chart below to see how that worked out


Corporate-Profit-Margins-and-Employee-Compensation-Q2.gif corpprofit1.jpg
 
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DOJ targets noncitizens on voter rolls as part of Trump election integrity push
Attorney General Pam Bondi has directed Department of Justice (DOJ) officials to probe election practices throughout the country as part of the Trump administration's efforts to crack down on federal election laws.

The DOJ's Civil Rights Division is largely leading the effort, which has involved seeking information from states about their election practices and voter registration lists, sometimes known as "voter rolls," and placing an emphasis on identifying any noncitizens on them.

"Election integrity starts with clean voter rolls. That's the foundation for secure elections," a DOJ source told Fox News. "There's been a culture of noncompliance from several states that don't keep their roles updated. This DOJ is cracking down."

(Excerpt) Read more at foxnews.com ...
 
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