Higher interest rates are ‘kryptonite’ to real estate market, Jeff Sica warns | Fox Business Video

Higher interest rates are ‘kryptonite’ to real estate market, Jeff Sica warns | Fox Business Video

Circle Squared Alternative Investments founder Jeff Sica analyzes the May jobs report and cautions against Federal Reserve rate hikes. He stresses that higher interest rates are detrimental to real estate and that a robust CPI report this week should not justify further increases. Sica also urges the Fed to either lower rates or do nothing to protect the markets.

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