Guys, the markets have been bleeding nonstop—Friday red, Saturday red, Sunday red, Monday red. And you know whose fault it is? One guy’s big mouth (we all know who). Today? No major data, but still looking shaky. The real action starts early Tuesday when the RRP numbers drop. If that number jumps? Opportunity. If not? Well… more waiting.
Oh, and here’s some wild news: 6.1 million Americans are behind on their mortgages. The FHA loan delinquency rate hit 11.03%—highest in years. Think about it: rates are at 4.5% now. If they cut rates, yeah, mortgages get cheaper… but home prices skyrocket again. And guess who profits? The government—funding their fancy Park Hyatt meetings off those inflated prices.
Now, geopolitics—Trump just threatened to bomb Iran if they don’t make a deal. And Iran, Russia, and China? They’re not backing down. Nobody’s negotiating. This isn’t war tomorrow, but it’s coming. Maybe 3 years out—they’re still prepping bases, funding, and guess how they’ll pay for it? Inflation. So expect oil, gold, silver, homes—everything to go bullish long-term. War = inflation. Inflation = prices go brrr.
On the Fed side: Goldman Sachs now predicts three rate cuts in 2025 (up from two). May, June, July, Sept, Oct, Dec—every other FOMC meeting. That’s bullish fuel… eventually. But first? Powell speaks Friday after the jobs report. If NFP data sucks (and it might), he’ll be there to calm the markets. Why? Because whispers of recession are getting louder. Emergency rate cut talk? Could happen during his speech. Friday might get spicy.
Markets are shaky, mortgages are crumbling, war threats = inflation play, and the Fed’s rate cuts are coming—but Powell’s Friday speech could be the next big moment. Buckle up.
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