The Julia La Roche Show · Saturday, August 1, 2026
Chris Whalen predicts an economic slowdown, citing the market's actions and the Federal Reserve's past creation of 'inflationary assets.' He notes that the 10-year Treasury yield at 4.7% will lead to higher mortgage rates, potentially impacting the housing market.
“And I think this economy is going to slow down. Simply because of what the market's done.”
“You know, the tens are at 4.7, more or less, at the close today. And that means that we're going to look at seven, seven and a quarter, uh, fixed rate mortgages soon.”
“And, you know, when they've done that in the past, it's always led to a recession.”