Business-cycle recessions are not just inevitable, they are necessary to flush bad debt and marginal investments/projects from the system. The next recession–which I suggested yesterday has jus...
The most recent housing data continues to suggest weakness. The National Association of Realtors (NAR) reports that sales of existing homes were down slightly last month from June. It continues a lowe...
We discuss the FHFA House Price Index, MBA Mortgage Applications, New Home Sales and Existing Home Sales along with some International Real Estate news in this video. The government finally starting t...
Video Length – 00:02:43 Technology is having a massive disinflationary impact on the global economy and, when it comes to interest rates and monetary policy, we need to rewrite the playbook to a...
Gold in particular is coiling, tighter and tighter. It was hard to tell if the bounce in stocks today was something meaningful, a last ditch attempt to stave off a selling wave, or something else. Hav...
The Trump news de jour was the likelihood of a debt ceiling vote NOT happening before the deadline, and the media loves to portray this as a time bomb for the markets. I don’t believe it, and neithe...
The Chart of the Day belongs to Ameren (AEE). I found the energy services stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in t...