Surveillance: Housing Market with Feroli (Podcast)
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 26 May 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
Michael Feroli, JPMorgan Chief US Economist, says housing is coming back into balance. Geoffrey Yu, BNY Mellon Senior Strategist, says the euro will find a new, higher range but remain under-valued. Amrita Sen, Energy Aspects Chief Oil Analyst, says profit windfall taxes do not work. Jonathan Miller, Miller Samuel President & CEO, says rising mortgage are one of the best things that is happening to housing.
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Transcript
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| 1:24.4 | Right now, in immense joy is Michael Ferroly, a chief US economist at J.P. Morgan. |
| 1:34.0 | In the hallmark of his weekly notes, written Friday evening, it comes out about 7 p.m. |
| 1:39.6 | Is you talk about going beneath headline analysis and that's the J.P. Morgan team, |
| 1:44.4 | even algebraic functions. |
| 1:46.0 | Michael, algebraic functions, Friday night at 8 p.m. is a highlight of my Friday evening. |
| 1:52.0 | What are your algebraic functions say about the American housing market? |
| 1:57.7 | Units are grim, price hasn't moved. |
| 2:01.6 | So housing clearly is suffering a little bit from higher mortgage rates and we've |
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