Big picture items that may affect Real Estate:

- Fed signals potential rate drop in next meeting.

– I hope to provide you with the commonly referenced, applicable financial data to see for yourself what effect government economic policy has on jobs, incomes, debt positions, and affordability for Americans, regardless of party.

— *** The jobs report is important. Please know when the gov puts out a report like "jobs", there is a revision done a month or so later, when they crunch the actual numbers. The press rarely reports the revisions, but that is the most accurate. I advise you to put less emphasis on the initial reports and look at the later revised reports for a more accurate view. They indicate part-time, full-time, native born and foreign-born, private sector and public sector job, those are categories that matter.

- April added 177k Jobs

- May added 139k jobs

- June added 147k jobs - 78 of 79 “experts” predicted less than 100k

** SEE THE REVISIONS DOWNWARD and perspective https://www.zerohedge.com/markets/jobs-shocker-july-payrolls-far-below-estimates-follow-massive-revisions-lower

The problem this brings up is why/how is Labor department all over the place for the last few years, by 100s of thousands. Hourly wages are up 4%, but how is that true if people aren’t being hired? Wages go up to attract workers when there is a limited number of them. Wages go down when plenty of people are avail for hire. This means there is something going on in the reporting.

CLICK THIS JULYJOBS REPORT ←—-Click

CLICK THIS AUGUST JOBS REPORT ←— CLICK

Summary- it’s not good, some part time increases, full-time decreases, essentially net 0.

What it DOES mean is the Fed is likely to cut Rates 50 bps. That would be great!

- Inflation is stable, has not increased with tariffs as many claimed. What did increase was billions in revenue for the U.S.

- CBO just said debt reduction is likely 4T over 10 years. Policies are trying to speed that up, we need 10T reduction over 10 years without going into austerity. We can do it by selling energy, and charging to sell in our markets.

-The US owes 36 Trillion dollars in national debt, please hold our leaders accountable to reduce that number and be fiscally responsible. Yes, it means tough discussions on what should be cut. This high debt means interest rates have to be higher to sell the treasuries to other countries. Ideally the Fed can lower rates, you can see in the news there is a spat with Fed chair and Trump admin. The rates right now are costing America 100s of Billions in interest.

— The BRICS nations are going to have a hard time coming off the Dollar as the U.S. actions being taken to curb spending kick in to increase stability. They’re going to try, but the consensus is odds are low.

— Please say NO to Central Bank Digital Currency (CBDC) in any form (ie Fedcoin).

– Passive income from RE is a shield for most of this, whereas "flipping" and wholesaling can stop at any time.

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