Pecker Smead of Smead Capital Management says inflation data in the U.S. doesn’t match what he has observed anecdotally. Fed Direct Jerome Powell described inflation as a “faint heartbeat,” but Smead says rents are up dramatically.
Check Also
China’s property market edges toward an inflection point
Urban constructions in Huai’an city, Jiangsu province, China, on March 18, 2025. Cfoto | Future …