Housing “The wild card of the economy”
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Housing “The wild card of the economy”
One prominent bond trader states that, “housing the wild card of the economy.”
In a recent interview with Jeffrey Gundlach, the prominent bond trader who speculates with confidence on the Fed’s half-point cut and what it means for the markets. He speaks quite knowledgeably about everything except the future of the housing market, which he called the ‘wild card’ for the economy.
He said that none of us really know what’s going to happen.
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Updated: Boston Real Estate Blog 2024
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