Coin Bureau: Market correction — not judged: the rule reads only the US stock market in general

What was said around it

building supplies on the market means cheaper inputs and therefore lower prices to quote economist ian shepardson quote the party is over now i happen to agree with him yes you have the stats to back it up but you also have to consider how much more rates are likely to rise the fed has made it clear that it is going to do whatever it takes to stave off inflation and that will mean some pretty aggressive rate hikes if the fed's fund rate goes over the 3 level that some are expecting that will make mortgages prohibitively expensive so are we likely to see a replay of the 2008 housing crash well not quite while the u.s property market is indeed due a correction the main difference we have in today's market is the fact that homeowners are a lot more creditworthy if you cast your minds back to the 2008 financial crisis one of the biggest contributors to the housing contagion was the prevalence of sub-prime lending people with bad credit ratings were able to get home loans as easily as they were able to get credit cards in some cases the banks didn't even care about the credit ratings of the borrowers that was because as long as housing prices were going up so too was the value of the collateral

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.