Swedish retail sales fell the most in more than two decades last month, increasing pressure on the country’s central bank to lower rates again https://t.co/oZ6dnP2XDH ...

Investment Rating - The report does not explicitly provide an investment rating for the industry or sector discussed Core Insights - The Federal Reserve is in a "wait-and-see" mode, with Chair Powell indicating that the economy is "solid" and the policy is moderately restrictive, allowing the Fed to remain patient [1][4] - Inflation is projected to rise to 3.0-3.3% for both headline and core PCE by year-end, influenced by tariffs and a tight labor market [3][8] - The Fed's future actions will depend on economic data, particularly regarding inflation and labor market conditions, with potential interest rate cuts forecasted to begin in March 2026 [3][8] Summary by Sections Economic Outlook - The Fed anticipates that tariffs will increase prices over the summer, aligning with the report's view [1] - Chair Powell noted that the impact of tariffs on inflation could be either short-lived or more persistent, depending on various factors [5][10] Labor Market - Immigration controls are expected to keep labor force growth low, contributing to a tight labor market [3][11] - The Fed is monitoring per-capita economic health due to slowing population growth, which may present a different picture than aggregate data [12] Monetary Policy - The Fed is not expected to make preemptive cuts, with most committee members believing that conditions for cuts will be met by year-end [8] - Chair Powell emphasized the uncertainty surrounding tariff pass-through to consumers and the need for caution in policy adjustments [10]

Housing Market Analysis - The housing market is not crashing in a 2008-style implosion, but rather experiencing a slow decline due to unaffordability and gridlock [1] - The US average 30-year fixed rate mortgage rate increased by 130% within a year, rising from 3% in late 2021 to 7% in late 2022 [1] - Nearly 75% of all US households, approximately 100 million households, cannot afford to buy a medium-priced home [2] - A mere $1,000 increase in the price of a home is enough to push an additional 115,000 households out of the market, and a 0.25% increase in mortgage rates excludes another 1.1 million households [2] Supply and Demand Dynamics - In the US, over 80% of current homeowners have a mortgage rate under 6%, creating a "locking effect" that reduces housing supply [2] - US building permits recently dropped to a nearly 5-year low of 1.39 million units, and housing starts fell even more sharply to a 5-year low of 1.25 million units [2] - The US needs at least 2 million new homes every year to meet demand [2] - Gen Z makes up only 3% of buyers, with the median age for a first-time buyer now at 38 years old [2] Risks and Challenges - US foreclosure filings in May were up 9% from a year ago, while completed foreclosures shot up 34% in the last year [3] - A new analysis of commercial mortgage-backed securities debt shows 6.42% of borrowers were 30 or more days delinquent or in foreclosure [3] - The office loan delinquency rate is at 7.8%, and the rate of loans transferred to special servicing has hit a 25-year high of 16.19% [3] - Over $300 billion worth of mortgages in Canada are set for renewal this year, many of which were signed when rates were at historic lows [3]

🚨 RUMOR 🚨🇺🇸 FED WILL CUT RATES BY 25 BPSIN JULY IF CPI COMES BELOW 2.3%MASSIVE IF TRUE !! https://t.co/TxtAbntU7y ...

[Music] Hey, I'm Kramer. Welcome to Bad Money. Welcome to Kramer. to my friends.I'm just trying to make a little extra money. My job, not just to entertain, but to educate, to teach you how this business works. So, call me 1 800743 CBC or tweet me at Jim Kramer.The next time you get too down about the stock market, I want you to remember this wonderful quarter where we got knocked down the canvas after Liberation Day, only to eventually rally all the way back and then some. I keep hearing the word resilient ...

Income and Spending - Personal income decreased by 04% month-over-month, a notable shift from the strong performance throughout 2025 [1] - Spending also declined by 01% month-over-month, falling short of expectations [2] - Real spending experienced a decrease of 03%, contrasting with expectations of remaining near unchanged [3] Inflation Data - PCE increased by 01% month-over-month, aligning with expectations [4] - Year-over-year PCE stood at 23%, precisely as anticipated [4] - Core PCE rose by 02% month-over-month, exceeding expectations by 01% [5] - Core PCE year-over-year reached 27%, indicating a stickiness in inflation [5][6] Interest Rates - The 10-year Treasury yield experienced a decrease of approximately 12 basis points on the week, settling at 426% [7] - The 2-year Treasury yield saw a significant drop of nearly 20 basis points on the week, reaching 372-373% [7][8] - The report suggests that achieving the Federal Reserve's 2% inflation target remains challenging [7]

Fed Officials Could Be Split On Whether To Cut Interest Rates In July https://t.co/1HHUpTIgix ...

Economic Outlook - There is significant uncertainty regarding the economy and interest rate direction for the year [1] - The Federal Reserve (FED) decided to keep interest rates steady in their latest meeting, which was anticipated [1] Investment Strategy - The focus is on dividend investing in quality blue-chip stocks, Business Development Companies (BDCs), and Real Estate Investment Trusts (REITs) [1] - The investment approach is characterized as buy-and-hold, prioritizing quality over quantity [1] - The goal is to help lower and middle-class workers build investment portfolios of high-quality, dividend-paying companies [1]

Private credit inflows getting a boost and my next guest is seeing even more positive signs ahead for the credit market. Joining me now is Bruce Richards, CEO of Marathon Asset Management here at Post 9. Bruce, good to see you. Good to see you, Mike.Um, really the credit markets, I mean, measured however you want to measure them through this entire year, which has been noisy with the tariff scare and everything have really not buckled at all, right. I mean, spreads remain tight. Demand for credit product re ...

Americans deserve lower interest rates. We want to see the cost come down on mortgages and car loans and credit cards. Those lower interest rates matter.But Donald Trump's chaotic tariff policy is making it a whole lot harder to get to that place. Donald Trump promised on day one he would lower costs for families. And here we are more than 150 days in and all he's doing is driving up costs for families in order to produce giveaways for millennials.Chair Pal said yesterday that he would have lowered the inte ...