Inflation FEARMONGERING collapses under strong economic data

Economic Outlook - The White House is preparing to launch phase two of President Trump's economic initiatives, focusing on housing affordability and tax refunds [1][2] - Vice President JD Vance acknowledges public impatience regarding economic conditions while emphasizing the need for caution [2] Housing Affordability - Kevin Hasset indicates that top advisors are developing a comprehensive list of proposals aimed at improving housing affordability, which remains a significant concern for American families [2][11] - The Trump administration is reportedly working on housing proposals that have received approval from cabinet secretaries, with plans to reveal them soon [11][18] - Current mortgage rates are around 6.2%, with potential for a reduction in the near future, which could positively impact the housing market [13][15] Inflation and Consumer Spending - Recent data shows that rental growth has stagnated, with no increase in rental payments recorded in October 2025 for the first time in three and a half years, particularly in cities like Austin, Phoenix, Miami, and Orlando [31][32] - The decrease in rental prices is expected to boost disposable income for consumers, leading to increased spending at major retailers like Walmart and Target [33] Market Performance - The S&P 500 is nearing a record high, indicating positive sentiment in the market, which could benefit workers and the overall economy [26][27] - Nvidia and Micron are highlighted as companies benefiting from potential policy changes regarding chip access to China, reflecting the administration's strategy to support American businesses [29]