Surging real estate prices, bidding wars and now, rising interest rates — it’s brutal out there for millennial and Gen Z homebuyers.🏠 Still, you persist, and we’d like to hear from you.
foretell a recession
. Former U.S. Federal Reserve head Alan Greenspan tracks sales of men’s underwear, which tend to fall in a recession. Concern about the possibility of a recession is growing because central banks are expected to raise interest rates by a lot this year and next. Overly aggressive rate hikes could tip the economy into a downturn.
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