Core inflation in the US was the briskest since February last month, according to BEA
Author: therealheisenberg
Cook V. Trump
Consider yourself sued, despot. That was Lisa Cook’s message to Donald Trump on Thursday, when
Nothing Doing
No traction. None. That’s housing contract activity in America. We’re well on past broken record
US Economy Revised To Show Stronger Performance
Good job, Howard. The BEA, which one can only assume is every bit as beholden
‘The Ultimate Dip-Buyer’
I remind readers of this whenever the opportunity presents itself: The biggest source of demand
Frenzy Wanes, But Nvidia Still ‘Extraordinary’
Nvidia and its swollen market cap narrowly topped estimates in results released after the bell
Told You So. Now It’s Too Late
Now you get it. Now everyone gets it. If only it weren’t too late. Above-the-fold
No, Bill. It Wasn’t ‘Fine’
Earlier this month, Bill Dudley penned an Op-Ed confidently declaring that the Fed will “be
Trump, Cook, SCOTUS And The Appeasement Paradox
The problem with appeasement as a strategy for dealing with overbearing types is self-evident: They
In US Housing, A ‘Decisive Shift’
We’re witnessing “a decisive shift” in the US housing market. Specifically, it’s shifting decisively in
US Consumers Still Not Convinced ‘Tariff’ Is ‘Most Beautiful Word’
The good news is, consumer confidence in the US came in ahead of estimates in
Fire Juggler
I’m quite sure he doesn’t care, or at least not yet, right now. And he’s
Dear Governor Cook…
Ok, everyone try not to laugh. Donald Trump has “a solemn duty to ensure that
The Deals Are Falling Through
“We also agreed to increase the one-time membership fee from $—- to $—-,” read the
Two And 20 In 2025
What’d you get for your two and 20 this year so far? On average, hedge
New Construction Glut Weighs On Prices As US Housing Struggles Persist
Sales of partially prefabricated wooden boxes adorned on at least one side with a handsome,
Corporate Inequality Revisited
Rate cuts are coming soon to the allegedly over-budget construction site that is the Marriner
Classic Boiling Frog
Unless Howard Lutnick intervenes to say otherwise, the BEA will probably tell Americans what they
The 800-Pound Gorilla
Ignoring the 800-pound gorilla won’t make him disappear. To let the financial media and the
Powell Holds Firm, But Nods To September Rate Cut
As expected, Jerome Powell opened the door to a rate cut at the September FOMC
Bury My FAIT At Jackson Hole
The last time the Fed reviewed its policymaking framework, they adopted a strategy which explicitly
FHFA As Trump’s Personal Prosecutor
“[A]n ominous turn in political lawfare.” That’s how The Wall Street Journal described what’s going
Resale Housing Market Celebrates ‘Ever-So-Slight’ Improvement
Congratulations are in order. The perpetually beleaguered resale US housing market managed to show a
US PMIs Suggest Fed Should Be Hiking, Not Cutting
Well, good news and bad news from the preliminary read on services and manufacturing activity
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