What's Happening to Your Home Equity?

Inflation at the wholesale level rose more than expected in September as prices for everyday necessities remain at a multi decade high, 40 year high. The Labor Department said one up another 0.4% in September from the previous month on an annual basis, prices soared 8.5%. Jamie Diamond, CEO of JP Morgan Chase, took a veiled swipe at Biden's energy policy following OPEC's decision to cut oil supplies by two million barrels a day. He said America is the swing producer, not Saudi Arabia. In other words, he's saying you idiot, you have more resources here. You might want to start using them. We've already lost over 9 trillion going higher by the day.