History is Repeating Itself! 1929 and 2007 All Over Again?

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

Economic Report: The bond inversion yield curve has un-inverted. What does this mean? Oil futures are down by over 10 percent. The Purchasing Managers Index (PMI) is down again this month. The August jobs report created fewer jobs than expected. The odds of the Federal Reserve making a rate cut is now 100 percent. Construction spending also dropped more than expected.

Housing Market Update: We talk about our latest listing in the Heritage Highlands at Dove Mountain in Marana, Arizona. Here is a link to the listing: 5177 W Navajo Mesa Place, Marana, AZ, 85658 - Photos, Videos & More! (