In this week’s This and That: A Coffee Chat with The Harra Team, (originally published on August 11, 2024) we cover the following topics:

We review the market reaction to last week’s jobs report and then the counter reaction to the new jobless claims report. Whiplash anyone?

We discuss how these reports have impacted the odds of a Fed rate cut in September and the immediate reaction to mortgage rates.

We look at the affordability of home ownership and how mortgage rates have impacted that.

We tip our hat to Scottie Scheffler and his gold medal win at the Olympics.

We talk about NASCAR’s charter negotiations with the team owners and a rumor of preventing sovereign wealth funds from investing in charters.

Finally, we have a brief discussion on ou ...