Welcome to the Thursday edition of Real Estate Jerky Daily with your hosts, Ed Parcaut and Mike Kelly. In today's episode, Ed and Mike dive deep into current market trends and economic indicators. They discuss the latest CPI and PPI numbers, jobless claims, and what these figures mean for interest rates and the broader economy.
**Key Highlights:**
- Analyzing the recent CPI and PPI numbers and their impact on the market.
- Updates on the producer price index and initial jobless claims.
- A look at how inflation and employment numbers are shaping market trends.
- Insights into the Fed's latest moves and what’s next for interest rates.
- Discussion around minimum wage and its unintended consequences on the job market.
- The potential impact of AI and automation on minimum wage jobs.
- The importance of credit scores during the home buying process.
Join Ed and Mike as they provide valuable insights and practical advice for both buyers and sellers navigating today's dynamic real estate market.
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