The Conference Board’s economist says gas prices had an impact on current outlooks, and a low Expectations Index number still suggests a possible recession.

While inflation numbers guide Fed decisions, two members say 5% will be the bare minimum stopping point, and it will be in effect at least through 2023.

Sept.’s S&P CoreLogic Case-Shiller 20-city price index found a year-to-year increase of 10.4%, but Miami (up 24.6%) and Tampa (up 23.8%) led the nation.

Bucking a national trend, Sunshine State consumers expressed more positive attitudes about their current conditions and the future, both short- and long-term.

Market changes call for investment recalibrations next year. Planning is mandatory even if fundamentals are strong and interest rates not historically shocking.