Did you know that last year, roughly 1.66 million new homes were constructed? This includes single-family homes (975 million), 2-4 unit residences (54.8 million), and buildings with 5 or more family units (635 million). This total number is actually down from the 1.73 million new homes built in 2021, and 2023 is on pace for … Continue reading “Housing Starts in Decline”
Housing Starts in Decline
January 19th, 2022
Is Inflation Peaking?
One lesser-known indicator is called the Baltic Dry Index. We know our middle-class millionaire clients see it in prices at the grocery store and the gas station and feel it in their monthly budget. So why don’t the financial markets seem too concerned about inflation? Remember, financial markets are considered “discounting mechanisms,” meaning they are … Continue reading “Is Inflation Peaking?”
