Mortgage Rates Rise, 'Boomerang' Kids, Clarida on Warsh | Bloomberg Money 7/31/2026

Bloomberg Money discusses the fallout from the Fed decision with former Vice Chair Richard Clarida, who explains the hall-of-mirrors problem in bond markets and the K-shaped economy. RBC's Lori Calvasina presents a bullish equity model forecasting 10.8% S&P 500 upside. Elena Popina breaks down Apple's post-earnings slide, attributing it to supply shortages rather than weak demand. The show also touches on boomerang kids, EV struggles, and Gen Z investing habits. - Richard Clarida says bond yields may be disconnected from stable inflation measures - Clarida confirms a widening K-shaped economy favoring asset owners - Lori Calvasina's sentiment model forecasts a 10.8% S&P 500 gain over the next year - Calvasina expects 5-10% drawdowns but no recession-style bear market - Elena Popina says Apple's selloff is driven by supply shortages, not consumer demand - Hannah Elliot notes weak US EV demand weighing on Lucid and Tesla - Suzanne Woolley discusses the $18,000 annual cost of adult children moving back home - Gen Z tends to avoid traditional equities for crypto and prediction markets