"I should have"...How many times have you heard this? How many times have you said it quietly like in March 2020 when the world was ending and equities were plummeting only to recover months later and reward investors?
We are approaching that moment again, although much more slowly. The next CPI report will be the most important number of this year. If in the 7's or lower, we will rebound once again.... like a rocket. The most oversold equities like CHR will benefit the most. This will be despite continued rising rates as the FED target is still 2% and a long way off. However, equity markets will be looking in the rear view window and moving higher towards recover.
Real estate, unfortunately, will continue to fall. There has never been a time in history where the cost of housing rises in a time of rising rates. This time will not be different.