Credit-Sensitive Housing: Freight Costs and Rate Hikes

credit-sensitive housing: The Federal Reserve's rate hikes are raising borrowing costs, according to CNN. That's squeezing the credit-sensitive housing and auto markets, and leading to fear the Fed will hike the United States into a recession. Tariffs, freight costs and wage hikes are beginning to affect record-high corporate profits. The corporate tax cuts enacted in late 2017 won't boost bottom lines next year any more than they did this year. Germany and Japan, the world's No. 3 and No. 4 economies, are already contracting. Boom-to-bust oil prices have crashed into a bear market. (news.financializer.com). As reported in the news.

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