US mortgage rates. They’re high and low at the same time. High in the context
Category: economy
China Posts Small GDP Beat, But Retail Sales Abysmal
China barely kept up appearances in the third quarter amid lackluster domestic demand and what
Return Of The Number Crunchers
As you might’ve heard, the Trump administration’s recalling a handful of furloughed BLS statisticians this
No, Poor Americans Aren’t Rich Now
I don’t want to be too abrasive about this, but it needs to be said
Hope Floats For America’s Forlorn Homebuilders
The homebuilders are feeling better. With the caveat that “better” is even more of a
Maoist Malaise
The thing that’s great about strict autocracies is… well, nothing. Nothing’s great about uncompromising authoritarianism,
Shipping Problems
“Don’t worry about China. It will all be fine!” That joke probably isn’t going to
De-Coupling? No Problem
Vandelay Industries had a solid month in September, trade data released on Monday suggested. Indeed,
(Do Fear) The Reaper
Life could get “tough,” particularly for the world’s have-nots, in the event of a “sharp
Americans Still Deeply Depressed. Rich Stock-Owners Less So
If you own stocks, you feel better about your financial situation than if you don’t.
Some Fed Officials Unconvinced Of Rate Cut Case: FOMC Minutes
“Several participants observed that high-income households were increasingly doing better, economically, than lower-income households.” That’s
The General State Of Things
It’s not all about AI. The equity rally, I mean. But there’s a self-fulfilling prophecy
Troops In The Streets, Layoffs In The Capital
This week’s US data docket would be light even if government reports weren’t suspended for
Damn You, Stagflation!
It’s a miss. Wait, I have to snap everyone out of their equity melt-up stupor,
Gang Aft Agley
Hiring. US private sector employers aren’t. Or at least not according to this week’s ADP
US Jobless Rate Biased Higher In September, New Fed Model Shows
The unemployment rate in the US probably stuck at 4.3% last month, but it “wants”
‘Tariffs Are Killing Us’: Trade Taxes Prolong US Factory Recession
Could’ve been worse. But it was still pretty bad. That’s my take on Wednesday’s ISM
Ruh-Roh! Hammer Falls On US Labor Market
Ruh-roh! The US private sector lost 32,000 jobs on net in September, according to the
Now Hiring?
The good news is, job openings across the world’s largest economy stabilized after falling for
Gilded Age? Sure. ‘Golden Age’? Nah.
American households’ view on Donald Trump’s economy deteriorated “sharply” in September, Tuesday’s update on consumer
US Homeowners Suffer Third Straight Inflation-Adjusted Loss
If you’re a struggling renter locked out of the American dream, you can take some
Recovery Pending…
“How about those rates, huh?!” Wrote scores of desperate buyer’s agents in emoji-riddled emails blasted
It’s Jobs Week In America. Shutdown Depending.
It’s supposed to be jobs week in America, but like everything else in the country
Goldilocks. Or Something
Goldilocks! You gotta love it. Or love her, I guess. This week’s marquee US macro
Just Buy New, It’s Cheaper…
The bad news is, the pace of contract closings for “used” homes in America was
Huge GDP Revisions Make Mockery Of Fed Rate Cuts
Revised data can be trusted as long as it’s favorable, right? Asking for market participants,
You must be logged in to post a comment.