The US economy shrank during the first three months of America’s new “golden age.” And
Category: economy
Contract Signings Surge In Mercurial US Housing Market
They’re buying houses all of a sudden! Or at least signing contracts to buy houses.
Things Were Going Well. Then Along Came Tariff Man.
On the bright side — there’s something you don’t hear too often these days —
Consumer Confidence Collapses As American Households Despair
There’s no other way to look at this first 100 days other than a huge
Prices Still Rising In ‘Out Of Whack’ US Housing Market
US home prices continued to rise, worsening an affordability crisis which, according even to housing
Traders Brace For Data Tsunami With GDP, Payrolls Due
This’ll be a busy week on the macro-market front, and probably on the political front
Americans’ Inflation Outlook Neared 10% During April Tariff Panic
Donald Trump’s backpedaling on tariffs, and the partial recovery in US financial assets since the
If Everything’s Exempted, Is It Still A Trade War?
As it turns out, the trade war’s a silly charade. Who knew?! On Friday, reports
Erstwhile Housing Optimists Warn On Society-Wide Mobility Crisis
So much for that? For a few months, it looked as though the resale US
Jump In New Home Sales Is Old News As Rates Surge Back To 7%
Tediously bland wooden boxes newly-built atop suburban concrete farms: Get ’em while there’s a glut!
US Economy Seen Succumbing To Stagflation In Lackluster PMIs
Early reads on US business activity for April painted a subdued, stagflationary picture, not surprising
‘An Artificial And Unnecessary Crisis’
Donald Trump on Tuesday said he’s never been inclined to fire Jerome Powell. It was
IMF Laments Highest US Tariffs In 100 Years
The IMF downgraded the US growth outlook on Tuesday. I mention this not because anyone
In The Dark Shadow Of A White House
Finance chiefs, central bankers and a veritable who’s who of the macro universe will gather
Up Ship Creek
If you want to disrupt a foreign shipping monopoly or otherwise reclaim lost commercial maritime
New Construction Plunges With $120K Incomes Needed For ‘Typical’ Home
New construction activity plummeted in the US last month, for whatever that’s worth to you.
Tariffs Hit US Housing As Rates Soar, Builders Sour
I suppose this goes without saying, but just in case: US mortgage rates rose dramatically
Export Controls And The R&D Question
I suppose you could say I’m sympathetic to export controls aimed at curbing Xi Jinping’s
Brave Face
Not that it matters now, and with the caveat that the deflator was negative again,
US Retail Sales Hold Up As Americans Rush To Beat Tariffs
Good news: US retail sales held up last month despite deteriorating consumer sentiment. Bad news:
The Trump Effect: Global Growth Expectations Crash To 30-Year Low
It’s funny: The people driven most crazy by Donald Trump aren’t Trump’s detractors. Rather, the
Fed Survey Paints Dour Picture Of Household Moods
The good news is, household inflation expectations didn’t “moon” in the latest edition of the
Damage Control Or More Damage?
One might’ve assumed this would be a damage control week for The White House. After
Behold: The Worst Consumer Sentiment Report Ever
Not surprisingly, the marquee gauge of consumer sentiment in the US printed what may as
Another Favorable US Inflation Report Lost To Trade War’s Fog
There was more good news on the inflation front in the US Friday, when PPI
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