Price Increases & Slowing Labor Market Amid Trade War

Shelly Antoniewicz expects the costs of goods & services to be passed onto consumers and says those price increases are starting to show up already. She also forecasts a hit to the labor market as companies slow hiring and pause expansion plans. She notes that March New Home Sales were an “improvement,” but thinks homebuyers might start backing off. Shelly expects the Fed to cut rates in June.

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