The indicators haven't changed too much in the past week, but interest rates have ticked down again, and stock markets have once again hit new peaks.
The price of oil has been gradually climbing as news from the Strait of Hormuz changes (virtually by the minute). This is a significant issue for inflationary pressures - inflation jumped in March as noted in last week's review of indicators - with possible related impacts on the Fed, interest rates, consumer confidence, etc. I take my hat off to anyone who can predict the future nowadays.
The price of gas has ticked down but is still far above the pre-war price. I read in the paper today that in some European countries, the price of gas now runs $8 to $10 per gallon, and it's being rationed in many Asian countries.
I don't know if there are any significant impacts on real estate, but I think it's interesting to watch the speculative gyrations in crypto and gold, and wonder what it all means.
