Episode 45: December is generally a very good month for the stock market

December is generally a very good month for the stock market.If the market has been bearish and we know our CME tool that we look at all the time. You can go to CMEGroup.com and you can see what the Fed's future rate outlook is.Everyone thinks it's going to be like a 73.5% chance as I'm recording this that there'll be a 50 basis point rate hike announced and only a 26.5% chance that it will be 75 basis points.The CPI could change dramatically, depending on what the Fed says and what the CPI says. That could kick off a rally.Since 2019, 11 states saw their homeownership rate drop, including California.Do you know why? Because there's a 40% gap between their prices of the cheapest and the most expensive markets.Price matters. Rates are coming down. Home prices have been coming down. And that matters to get people off the shelf.#KPTalks #homeownership #homeownershipdrop #pricematters #homeprices #stockmarket #CMETool #CMEGroup #CPI #Fedfuturerate