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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1096807)	11/1/2018 6:36:11 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1579035

Don't you think housing is looking toppy here? Housing prices have been going up at a 5-6% clip annually, far outstripping inflation since 2010. That doesn't seem sustainable to me. It's already turning down. Also, I don't think Powel will stop raising rates until he breaks the stock market. In addition, housing downturns usually lead recessions on a long lag time. So if housing is rolling over right now, then I bet we see a recession in 2019, especially with Powel raising rates and doing QT at $50B per month.