"The US economy looks like it's on course for what Wall Street has long considered the dream scenario - but that could actually diminish the financial relief many Americans have been waiting for."
"September's strong employment report and upward revisions in July and August murdered the hard-landing scenario," Yardeni said, emphasizing the resilience of the job market amid rising interest rates.
"The risk for everyday Americans is that rates fail to come down enough to provide meaningful relief," underlining the implications of strong economic indicators on borrowing costs.
"As the no-landing scenario becomes increasingly priced into the bond market - the 10-year Treasury yield is above 4% this week for the first time since August," highlighting the systemic impacts on mortgage rates.
Collection
[
|
...
]