
KG: Housing's Bullish Reversal, Retail Pricing Pressures & Metal Record Highs
Schwab Network · Schwab Network
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Show Notes
Existing home sales increased for the fourth months in a row, says Kevin Green, a positive signal for a struggling housing market. As for November's retail sales, he notes pressures in goods along with utility and gas prices accelerating higher. KG explains what it all means for the Fed's fight against inflation. On the commodities front, he talks about metals like gold, silver, and even tin hitting all time highs paired with crude oil's spike on geopolitical headlines.
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