Capitalist Investor

Powell's Last Comments of 2022, the State of the Housing Market, and Tesla's Share Price Comeuppance

Mark Tepper

The CPI read for 7.1% was a little below estimates, but the market still reacted positively. The Fed is expected to make a decision soon, and home sales will be a big topic for 2023. Sam Bankman-Fried was arrested before he was supposed to testify on Capital Hill. 

The team discusses the current state of the stock market and how it has been affected by various data points recently. They discuss how the market is pricing in a pause in the Fed's rate hikes, and how this could affect the market in the future.

The speakers discuss the recent actions of the Federal Reserve and how they may respond to a slowdown heading into the 2024 presidential election. They question whether or not the Fed will be able to lower interest rates enough to spur economic growth, and whether or not this will be used as political ammunition by the either party. They also speculate on whether or not Biden will be replaced as the Democratic candidate for president.

The team discusses the current state of the housing market and its expected future. They mention that home prices had been rising astronomically, but this is not sustainable. Home sales are expected to continue to decline into 2023 as a result. The cost of borrowing has also increased, which is not good for the long-term success of the housing market.


0:00:04

The heading should be in title case and no more than six words. CPI Read for the Week

0:02:21

The Impact of the Federal Reserve on the Stock Market

0:03:45

The Federal Reserve's Next Move

0:07:36

Home Sales in 2023: Will Prices Continue to Decline?

0:09:17

The Impact of Rising Home Prices and Mortgage Rates

0:12:36

The Real Estate Market in 2023: A Slow Burn Down

0:14:27

Tesla Stock Tumbles Amidst Controversy Surrounding Elon Musk

0:18:12

Tesla's Stock Price Drop and the Cancel Culture

0:19:59

Canceling Dr. Carson