A $150,000 House in 1988 Now Costs $707,500 Thank You Fed
Tyler Mitchell The Fed has grossly distorted the housing market and no fix is in sight. A couple of images…
Estimating Further Negative Revisions to GDI For the First Quarter
The BEA’s initial GDI growth estimate for the first quarter was 1.5 percent, later revised to 1.2 percent.…
California Files a Lawsuit Against Big Oil, What’s the Logical Response?
Chevron is doing what every sensible CA-based company should do, if possible, leave the state. But what about…
Trump Seeks More Influence Over the Fed, a Really Stupid Idea
To understand why it’s stupid, ask yourself what would happen if Democrats get complete control again. Trump Calls…
Recession Debate: Citing the Sahm Rule, WSJ’s Greg Ip Says No Recession
Greg Ip says the conditions for recession are not in place. I disagree. And I show where and…
Will Fed Officials Push Back on a Half-Point Interest Rate Cut in September?
That’s the claim by several economists on Bloomberg. I disagree, depending on the definition of “push back”. BLS…
Chip Sector Hit Again as the Stock Market Rally Attempt Fails
The $SOX semiconductor index is down again today led by Super Micro Computer (SMCI) and Nvdia (NVDA). Smelly…
Trump Fires Arrows Missing the Target Badly, Will a Recession Save Him?
Trump’s strategy has gone from boring to shockingly bizarre and counterproductive. Does Trump think his opponent is Brian…
Harris Goes With Minnesota Governor Tim Walz for VP, Why?
Walz is more progressive than Harris and she needs to move to the middle. What Happened? Image from…
How Progressive is Tim Walz, Kama Harris’ VP Running Mate?
Yesterday, a friend told me that Walz was not as much a Liberal Progressive as I thought. Let’s…