Episode 3: Consumer Sentiment Drops to Decade-Low: What's Shaking Up Confidence?

We recently had our sales rally for both the retail and the TPO channels with correspondent wholesale at the Balboa Bay Resort. We rewarded all of our top originators, top branch managers, county executives, regional managers, divisions, and everybody who worked hard in 2021. It's a great event!We had a big CPI inflation read. What consumers are paying for like goods and services, rent, and housing, which make up 43% of CPI. The rent was up 17% year-over-year. If you take out food and energy, the core CPI is 6%.Uncertainty reigns supreme as Russia is trying to invade Ukraine. 50,000 civilians could be killed. It could shut down the European oil and natural gas supply, of which 25% of the oil of Europe comes from Russia and 33% of their natural gas comes from Russia.The consumer sentiment report just came out. It was the lowest readings since 2009 over a decade. Investors are putting their money in stock aka equities. The Fed is going crazy right now.Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts! https://linktr.ee/kptalksdollarsandsense#KPTalks