PLW - Inflation Might Be Peaking However A Housing Bubble Collapse May Still Create A Hard Landing For 2023

Summary

• The stock market has already endured a major correction over the past 12 months and could be headed back to pre-pandemic levels.
• The real estate market has been suddenly frozen by the rapid pace of the Fed's interest rate hikes.
• Home prices are now starting to drop and are likely to plunge in 2023, back to at least pre-pandemic levels.
• The economic and stock market impact of a frozen and potentially plunging housing market could create a much-feared hard (crash) landing.
• The unwinding of the housing market boom will lead to wealth destruction and may snowball into a negative downward spiral that is hard for the Fed to control.

For further details see: