Eric Schiffer

Look, there are some concern about elements within the report that may be lasting. But in reality, some of the report is likely to change in a good way for the market and for the economy in that housing typically has a long delay. So what you're seeing is likely to go down and you can't read anything over one report.

Look, there are some concern about elements within the report that may be lasting. But in reality, some of the report is likely to change in a good way for the market and for the economy in that housing typically has a long delay. So what you're seeing is likely to go down and you can't read anything over one report.

I mean, and it's largely what you saw in terms of the reaction from the market was consistent with that, which is that the market has discounted one report. I think if we saw some of the indicators like housing, for instance, or shelter that was unlikely to begin to recede, it would be another thing.

I mean, and it's largely what you saw in terms of the reaction from the market was consistent with that, which is that the market has discounted one report. I think if we saw some of the indicators like housing, for instance, or shelter that was unlikely to begin to recede, it would be another thing.

Now, look, tariffs can short-term create some challenges, but I think there are also other factors at play here that will allow inflation over the next year to be largely within a range that's manageable for the economy.

Now, look, tariffs can short-term create some challenges, but I think there are also other factors at play here that will allow inflation over the next year to be largely within a range that's manageable for the economy.

I think in part because of the way the data is recorded. So there's a lag period. And if you look at some of the more recent data, it's far more beneficial in terms of numbers. And again, it's structured on a delayed system. So you're not getting real time data. You're getting sort of an accumulated set of data. And I think it's optimistic for the future.

I think in part because of the way the data is recorded. So there's a lag period. And if you look at some of the more recent data, it's far more beneficial in terms of numbers. And again, it's structured on a delayed system. So you're not getting real time data. You're getting sort of an accumulated set of data. And I think it's optimistic for the future.

Again, you know, you can have these spikes and it doesn't mean that we're heading back into a period like we did with the pandemic where, you know, the inflation was draconian and it was very powerful and caused a lot of challenges, including the Fed. And you saw the way the Fed reacted to this. I mean, they they didn't say that. things wouldn't get under control.

Again, you know, you can have these spikes and it doesn't mean that we're heading back into a period like we did with the pandemic where, you know, the inflation was draconian and it was very powerful and caused a lot of challenges, including the Fed. And you saw the way the Fed reacted to this. I mean, they they didn't say that. things wouldn't get under control.

What they said is we're just going to have to watch it more. And I think that's the case. I don't think that there's anything at this point for investors or certainly consumers to be concerned about.

What they said is we're just going to have to watch it more. And I think that's the case. I don't think that there's anything at this point for investors or certainly consumers to be concerned about.

I don't think you need to have to cut rates just yet. One of the considerations that I think the administration is looking at is how do we take down the 10-year rate? And the tenure is ultimately going to sort based on how well the deficit is managed.

I don't think you need to have to cut rates just yet. One of the considerations that I think the administration is looking at is how do we take down the 10-year rate? And the tenure is ultimately going to sort based on how well the deficit is managed.

And when you have Elon, who's going to town, taking out all of the junk and the corruption and what has been systemic overspending, that message to the market, I think it also will help to take So you'll see financial engineering in which I think the tenure will come down. And ultimately, the Fed will drive rates down in time as they get comfort that inflation is not going to rear itself.

And when you have Elon, who's going to town, taking out all of the junk and the corruption and what has been systemic overspending, that message to the market, I think it also will help to take So you'll see financial engineering in which I think the tenure will come down. And ultimately, the Fed will drive rates down in time as they get comfort that inflation is not going to rear itself.

But in reality, when you think about interest rates, the tenure has a bigger driver on mortgages and other kinds of financing. And that's something the administration can control. They don't need Powell to do anything with that. And they control it through some of the mechanics that is underway, which is reducing the deficit, which is a good thing for the country.

But in reality, when you think about interest rates, the tenure has a bigger driver on mortgages and other kinds of financing. And that's something the administration can control. They don't need Powell to do anything with that. And they control it through some of the mechanics that is underway, which is reducing the deficit, which is a good thing for the country.

What it does is it tells investors that there's less risk, right? So it signals to the investor community that the risk is being reduced, that America is stronger financially. And that allows you to be able to have debt that sells at a lower interest rate overall. And that's the underlying fundamental of this.

What it does is it tells investors that there's less risk, right? So it signals to the investor community that the risk is being reduced, that America is stronger financially. And that allows you to be able to have debt that sells at a lower interest rate overall. And that's the underlying fundamental of this.