PCA Week in Review - Friday, August 19th, 2022

The Pallas Perspective

This week in the Review:

  1. A Historic Yield Curve Inversion Has a Silver Lining
    • Impact on short and longer term Duration Bonds
    • Impact on inflation
  2. Home Sales Slow As Rates Rise But Prices Remain Firm on Limited Supply
    • Existing home sales numbers falling...again
    • Home price levels remain high
    • Housing starts at two year low

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