What Are the Odds the Fed Hikes Interest Rates to 8 Percent?
Tyler Mitchell I ask the question because the number came up in a recent JP Morgan publication. 8 Percent “Prediction”…
What a Rough Ride for Bond Market Bulls This Month!
Samantha Parker If you are a bond market bull, it’s been a tough month. Let’s review what happened, why, and…
2024 Will Have the Most Multi-Family Housing Completions in History
Housing starts have collapsed in percentage terms, but this will still be a record year for multi-family housing…
What a Bummer: 2024 Off to a Rough Start with GDP Falling Short at Just 1.6% – Not the 2.3% We Were Hoping For!
First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of of 1.7 percent to…
Why Young Voters and Blacks Have Abandoned Biden in Two Pictures
As Democratic strategist James Carville explained in 1992: “It’s the economy, stupid.” Two new pictures tell the 2024…
ISM Services in Contraction for the First Time Since December 2022
Economic activity in the services sector contracted in April for the first time since December 2022, ending a…
Total Loss Increasingly Likely If You Wreck Your Car
We are in the midst of a “total loss” epidemic says “Car Dealership Guy” on Twitter. Pictures explain…
Hoot of the Day: California Proposes Restraining Orders to Stop Thieves
More and more headlines look as if they are from the Babylon Bee. Let’s discuss the latest idiocrasy…
How Much Did the BLS Birth-Death Adjustment Pad the May Jobs Report?
This question comes up every month. And every month, people who have no idea how the model works…
US Weapons Accuracy Drops to 10 Percent in Ukraine Due to Jamming
Many high-tech US weapons systems in Ukraine are now useless due to jamming signals by Russia. Useless Weapons…