The Fed Holds, Housing Peaks & Saied Fisting

<p>In a spectacular display of machismo, Saied gives Chris not one, but three separate fist pounds during this sensational episode. Maybe Saied was just happy that the Federal Reserve left rates unchanged? Maybe it was the Fed's terrible track record of forecasting what the economy is likely to do? I guess we will never know, but what you will know for sure after this show is that we may be in the biggest housing bubble ever, Zillow shifted their 2024 home price forecast down and 30-year mortgage rates have in fact hit 8%. Economic data, financial literacy and a healthy portion of fisting. What else could you ask for? </p><p><strong>Resources:</strong></p><p><a href="https://www.cnbc.com/2023/09/20/federal-reserve-leaves-rates-unchanged-how-that-affects-your-money.html" rel="noopener noreferrer" target="_blank">The Federal Reserve leaves rates unchanged. Here’s how it impacts your money&nbsp;</a>(CNBC)</p><p><a href="https://www.cnbc.com/2023/09/20/take-fed-forecast-with-a-grain-of-salt-it-has-a-terrible-track-record.html" rel="noopener noreferrer" target="_blank">Take the Fed forecast with a grain of salt. It has a terrible track record&nbsp;</a>(CNBC)</p><p><a href="https://twitter.com/nickgerli1/status/1704554992168841272?s=46&amp;t=r_gW8CFzU5JjJSZGC-ZjeA" rel="noopener noreferrer" target="_blank">Biggest Housing Bubble Ever</a>&nbsp;(Nick Gerli via X)</p><p><a href="https://fortune.com/2023/09/20/housing-market-2024-home-price-forecast-outlook-from-zillow/" rel="noopener noreferrer" target="_blank">Zillow once again shifts its 2024 home price forecast. Here’s why&nbsp;</a>(Fortune)</p><p><a href="https://www.cnbc.com/2023/09/20/fed-interest-rate-moves-affected-by-government-shutdown.html" rel="noopener noreferrer" target="_blank">The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown</a>&nbsp;(CNBC)</p><p><a href="https://www.investopedia.com/30-year-mortgage-rates-rise-again-flirting-with-historic-peak-7971629" rel="noopener noreferrer" target="_blank">30-Year Mortgage Rates