The so-called affordability crisis is nearly overshadowing massive Wall Street betting on whether the Fed will cut its target rate a quarter point at its next meeting December 9 and 10 — because some Fed heads have been mouthing off about inflation and buying into the lefty media’s attack on President Trump. In the last few trading sessions, investors have been selling because they think there will be no rate cut. Baloney.First of all, grocery prices under Mr. Trump have barely budged despite a couple of highly publicized outliers. Overall, grocery prices are up only 2.1% at an annual rate. Th...

1 month ago

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