High Mortgage Rates | Angels baseball losing Ohtani | Goldman Sachs, chance to own Sports Franchise

Federal Reserve Leave Fed Fund Rates Unchanged! The Federal Reserve chairman in late August said his plans is to hold interest rates steady but would consider raising rates if the economy doesn’t slow enough to keep inflation down. Ohtani is injured and may leave the Angels?
-The fed raised rates in July by .25 pts so the fed funds rate now between 5.5% to 5.75%
- July CPI 3.2% yearly, now at 3.7%, peak at 9.1% June 2022.- Growth in economy has propelled yields on longer dated treasury yields to highest level in 15 years, pushing up costs on mortgages, auto loans and credit cards.
- Mortgage rates highest level since 2000 and applications for home purchases fell to their lowest level since ’95 (august)
-Housing market, low supply but high rates to affect demand.
- Baseball potential trades. Ohtani leaving the Los Angeles Angels of Anaheim and stay in the West Coast? Certain baseball teams may work best for his cultural preferences.
- Nepo home buyers assisted with buying a home
- Gas prices and other things going up. Rates in the 7% range for over a month now, time will tell.
#shoheiohtani #mlb #goldmansachs #federalreserve #fullcountpodcast #andrewvargas #losangelesangels