Eric Basmajian, economist and founder of EPB Research, discusses the rate at which the economy is slowing, the outlook for U.S. housing market, and the longrun real income outlook.
Watch Eric's last interview with me: • Are Millions About To Lose Jobs As Re...
Housing supply at more than 16year high: https://www.reuters.com/markets/us/us....
*This video was recorded on July 2, 2024
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0:00 Intro
1:00 Labor market overview
3:43 Economic growth
12:54 Housing supply
17:07 New listings
20:48 Home price outlook
22:17 Lumber price
25:23 Small business sector
27:20 Investment implications
31:34 Longrun income
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#economy #investing #realestate