This week, Rick Palacios, principal and director of Research at John Burns Real Estate Consulting, went through the latest in the lumber market frenzy and the impact on the U.S. housing market. Bloomberg Opinion columnist Conor Sen and Neil Dutta, the head of U.S. economics at Renaissance Macro Research, debated whether the economic cycle has peaked. Mike Pyle. chief economic advisor to Vice President Kamala Harris and former chief investment strategist at BlackRock, came on to react to the April CPI data and discuss whether those inflationary pressures will make passing the Biden Administration's spending plans more difficult. Then Nic Carter, the founding partner at Castle Island Ventures, went through the wild week in crypto and Elon Musk's bitcoin reversal.
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