Originally Posted by Hawkerdriver1

Guys,

The chart below, ( Credit Steven Van Metre,) shows the historical correlation between energy prices, the housing market & the economy as a whole. The red line being energy prices. The blue line housing prices. The grey areas when recessions occurred.

if you look closely, you’ll see that every time energy prices spiked, it had a negative impact on housing prices & the economy….

This, combined with the highest inflation report in 31 years, compels me to recommend a “re-allocation” of portfolios now.


HD