New Home Sales Fall Sharply // Powell Downplays Inflation Again // Ask Todd -6/23 (Hour 1)

(0:40) - Another day, another piece of housing data that reminds us just how thin housing inventory is. New home sales in May fell nearly 6% to 769K units vs. 859K expected.(12:13) - Fed Chair Jerome Powell testified before Congress on Tuesday and reiterated that he doesn't see sustained inflation being a reality. (22:28) - Estate planning attorney Todd Lutsky of Cushing & Dolan joined the show for another edition of "Ask Todd".