Houtan Hormozian breaks down 2025 market forecasts: unemployment claims hit a 3-year high while economists expect steady growth and lower recession risk. Retail faces a slump with over 2,000 store closures, but new home sales jumped 5.9% and housing inventory grew year-end, though it remains below 2024 peaks.
A quick market insights. Unemployment claims are at a 3-year high, but forecasters expect steady growth in 2025 with a lower risk of recession. December's retail slump ended a tough year with 2,000-plus store closures, highlighting industry struggles. New home sales rose 5.9% last month, aided by delayed deals. Purchase applications increased 1% last week and 6% year-over-year, marking strong late-year activity, Housing inventory has grown at year-end but remains below the 2024 peak. Thank you for watching.
