Danielle DiMartino Booth’s Post

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CEO & Chief Strategist for QI Research LLC

"The housing price data is not problematic enough for the Fed because we know that housing is weakening enough that a year from now we're gonna talk about the risks of shelter disinflation and how heavy that could weigh on inflation coming down…" https://hubs.ly/Q02Dwr4P0

All of the major spot rent indices are basically flat year over year and have been for almost a year. CPI shelter is very firecastable as it is resembles a 12 month moving average of spot rates. If spot rates are not material declining today, how is CPI shelter going to be declining a year from now?

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