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The Other Hand

The Trifecta of dysfunction. House prices rise again. Could the next move in US interest rates be up?

23 Feb 2024

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House prices rise in Ireland - - for the fourth month is a row? How come? Plenty of buyers is the simple answer. It seems that higher interest rates don't work in the way they used to. Do they even work at all?Speaking of interest rates, the prominent economist who got the US - and global - inflation story right, and therefore the interest rate story right, is musing about the possibility that the next move in US rates might have to be up. That's right, up. If true - and it's only an outside chance at this stage - this will have ramifications for all financial markets and economies. Maybe even house prices. There again, maybe not.Executive pay - winner takes all in a system that is so obviously rigged it could turn anyone into a lefty revolutionary.Westminster doesn't work. It is a Trifecta of dysfunction - we talked about this before the latest nonsense erupted!Russian forces are on the advance in Ukraine. It doesn't look good.Jim is asked how it feels to be replaced by a robot! Hosted on Acast. See acast.com/privacy for more information.

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