Roaming Returns
166 - Nobody’s Firing. Nobody’s Hiring. Nobody Can Afford A House | IINsights
54:34
This week’s economic data is not screaming recession—but it is absolutely flashing “stuck.”
Mortgage rates eased slightly, but housing demand did not magically come back. Buyers are still pinned down by affordability, high prices, and the lock-in effect keeping existing homeowners from selling.
The labor market is sending the same frozen signal: layoffs are still historically low, but hiring…