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Housing and rates are worrying some economists that a recession is looming."One of the biggest concerns is the housing market," said Lindsey Piegza, chief economist for Stifel, on CNNMoney's "Markets Now" live show Wednesday. "It's throwing up a very large red flag and suggests maybe this 4% growth we saw in the second quarter is not sustainable."Home sales?have declined in four of the past five months as housing prices have grown -- but paychecks have remained stagnant. Many people can't afford to buy homes, and those who can are taking on a lot of debt to get into them.Piegza says that echoes what happened right before the Great Recession in 2008."We're not there yet, but this is what led us to the housing crash," she said.How could this happen again? Piegza believes that a decade of rock-bottom interest rates helped people forget about the dangers of borrowing too much."I don't know if we learned our lesson from the Great Recession," she said. "We are going back to a lot of the easy lending that we used to see."Although Piegza said a recession isn't necessarily imminent -- especially after quarterly growth just came in at the fastest pace in almost four years -- there are signs of waning momentum in the economy.Interest rates, for example, are starting to become a bad omen.The Federal Reserve, which finished up its two-day meeting Wednesday, is expected to raise its target rate two more times this year. Higher rates have boosted short-term US Treasury bond rates. But the longer-term bond rates haven't risen along with the shorter-term rates, because investors are growing wary about the economy over the long haul.With two more interest rate hikes planned, the Fed could boost short-term rates higher than long-term ones, inverting the so-called yield curve. An inverted yield curve has preceded every recession in modern history."We could easily be there by the end of the year," Piegza said. "I think we'll see pressure on the longer end by the end of the year, but the Fed will still be raising rates on the short end."Fed Chairman Jerome Powell has said that he is not concerned about an inverted yield curve. Piegza strongly disagrees."It is a predictive measure of a recession," she said. 2266

How the NYPD rolling up in Black communities these days (on my block): “Trump 2020. Put it on YouTube. Put it on Facebook...”Aight MFers... it’s on TWITTER TOO! BI-DEN! ??????#Vote  #nypdfinest #bidenharris2020 pic.twitter.com/hmXdY8ivbM— Brandon K Hines (@thumpio) October 25, 2020 295

If you like seeing the night sky light up like a Christmas tree, head outside this week to catch a glimpse at the Perseid meteor shower.It's considered the Northern Hemisphere's most popular meteor shower of the year.This year, it's been active since July, but it's set to peak this Tuesday night into Wednesday morning.NASA says the Perseids are best seen between about 2 a.m. and dawn.If you can't get out to have a look then, you may still be able to catch a glimpse of Perseid meteors the following two nights.Perseid meteors are caused by dust and debris left behind from the tail of the comet Swift-Tuttle. 620

If you're on the hunt for a bike rack and can't find one, you're not alone. Bike racks are currently low stock, out of stock or backordered as bike sales soar amid the novel coronavirus pandemic.High demand for bike racks and installation is putting it lightly.“U-Haul is the number one installer of after-market hitches in the entire U.S., so we’ve got a hitch professional installing hitches, bike racks, trailer hitches, just about everything else you can imagine at almost all of our 2,000 company-owned stores, said Jeff Lockridge, with U-Haul International.“There’s enough customers asking for them to where the primary manufacturers have a backlog and that was the very reason that our hitch manager decided to expand our product line and go out and sign up more bike rack manufacturers to make sure we’ve got product quicker.”In fact, so many people want bike racks and hitches, June 2020 saw the biggest sales month in U-Haul’s 75-year history. Those June sales broke the May sales, which were also record-high. It also sent the U-Haul sales team looking for more companies to deliver more product.“We are understandably handcuffed a little bit by how quickly manufacturers can get product to us so that we can take care of our customers because people are wanting to get out and ride their bikes now,” Lockridge said.They expanded and now offering racks from 15 different companies.Also in high demand: U-Haul’s "contactless" system.“They can rent a truck, pick it up, entirely on their cell phone without having contact with our team members,” explained Lockridge. 1583

Humans haven’t been to the moon in decades, but when mankind returns, they’ll be welcomed with cellphone technology not currently available in some reaches of the US.Nokia announced this week a partnership with NASA to construct a 4G network on the moon. The network will assist NASA's Artemis program, which is intended to send people back to the moon by 2024.Nokia says that its 4G moon network will allow for NASA to operate rovers and stream high-definition video.“Reliable, resilient and high-capacity communications networks will be key to supporting sustainable human presence on the lunar surface. By building the first high performance wireless network solution on the moon, Nokia Bell Labs is once again planting the flag for pioneering innovation beyond the conventional limits,” said Marcus Weldon, Chief Technology Officer at Nokia.On Wednesday, NASA said it will “announce an exciting new discovery” about the moon next week. NASA said that returning humans to the moon could support allowing humans to reach Mars by the 2030s. 1049