Anthony Pompliano

Inflation is probably much lower.

You have the deflation coming from AI.

The Fed seems kind of behind the curve.

There may be some politics, disagreement between the Fed and the administration.

How do you just think about interest rates, where they should be, and its impact on Opendoor?

It feels like...

Home prices, if you look at the data, are starting to plateau, potentially fall.

Rents plateaued to potentially fall.

We know gas is down.

We know certain foods are down.

I mean, egg prices have fallen off a cliff, et cetera.

I remember when Scott Besant took over as treasury secretary, he was interviewed by the All In podcast guys.

And one of the questions they asked him is, do you believe the economic data?

And he said, no.

And he specifically called out the fact that the data was saying one thing, but people were yelling and screaming a different personal experience.

And he was trying to kind of figure out, well, do you believe the data or do you believe the people?

I get the sense that the data has started to become much more positive in terms of prices coming down.

But if you go out on the street, people will say the prices are too high, this is really bad, I can't get ahead, et cetera.

do you all make decisions internally at all in terms of economic data or what you're hearing from people?

It's crazy.