New Home Sold & Recession Risk

This chart is pretty much self-explanatory and I don't think I have to go too deep into it.
While the current level of new homes sold of 600k is normal. A continued deterioration
would be of great concern. With sustained higher rates there is a good chance this will
trigger a recession signal.

On the flip side, FED PIVITOORS have been wrong that we were/are in a recession. I have
been very vocal on that point and rightly so. That does not mean when the facts change
that I won't change my mind.

As always I am very cautious as to what I post and strive to give you the best honest
analysis I possibly can. Accuracy matters to me. Shotgun predictions accuracy does
not interest me at the least.

If I don't talk to you before the holidays. Health and happiness with lots of profits! :)