Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

I start today’s show with a rant on my experience building a home… from paying the bills before my family can even move in… to workers smoking in the house… to a shower leaking through the ceiling… and getting ripped off on allowances.   Housing demand remains strong—for now. I explain why I expect the outlook for homebuilders to turn ugly over the next 12 months.   By the time you listen to this episode, the latest Consumer Price Index (CPI) data will be out. I break down why the Fed can’t lower interest rates until it gets inflation under control… and why a rate cut would be the biggest mistake the Fed could make.   Tomorrow on WSU Premium, Daniel and I will dig through the inflation data and share our latest Dollar Stock Club pick—a company that will benefit from interest rates remaining higher for longer.  Don’t miss the episode—join WSU Premium today at WSUoffer.com. In this episode  My homebuilding nightmare continues [0:30] Housing demand is strong—for now [5:00] The next 12 months