Taking A Breather, “Volmageddon 2.0,” and 3 Rates & The Consumer 2/16/23

<p>Inflation is still hot. Labor is still tight. Housing is firmer than expected, and manufacturing is doing worse. The markets are taking a breather as a result. So where do we go from here? We’ll debate.</p><p>Plus, the options market is flashing a major warning sign. Are we heading for “Volamageddon 2.0”? We’ll look at what it is, and whether it really matters to equity markets.</p><p>And, rates are jumping for everything from auto loans to credit cards, just as card balances reach a post-pandemic high. How much longer is this sustainable? We’ll explore.</p>