US housing bubble starts to deflate as prices peak and mortgage rates rise
The BabyBoomers made US housing more expensive from the 1970s, as the largest generation in history settled down and bought houses. And then the Fed
The BabyBoomers made US housing more expensive from the 1970s, as the largest generation in history settled down and bought houses. And then the Fed
328 million people are currently locked down in China, the world’s biggest smartphone market. Sales were already tumbling in Q1, when they were
The bond market’s verdict has already been rendered. In fact, the judgment was made even before this year’s CPIs surged to the highest they’d
Among the most eventful days in the history of financial markets, Black Monday occurred on October 19, 1987, when markets around the world
The U.S. is a superpower, and it has retained this title for quite some time now. One group of people that have played a significant role to make
The U.S. is a superpower, and it has retained this title for quite some time now. One group of people that have played a significant role to make
There is a lot of evidence which shows some basis for expectations-based monetary policy. Much of what becomes a recession or worse is due to the
Many political seasons ago, way back in 1966, members of Baltimore’s Mount Royal Democratic Club, a mainstay of the Second District’s Democratic
The “maestro” was neither the monster’s creator nor its handler, but he did preside over much of what followed the standard horror story
The issue of inflation targeting has once again come to the forefront, though for reasons and in a way policymakers had never anticipated. That
At some point, the post-pandemic economy will be here. And fast productivity growth — much faster than what we’ve seen over the past decade —
The Bureau of Labor Statistics reported that the core CPI in July 2020 jumped by the most (+0.62%) in almost thirty years. After having dropped
When people accuse the Federal Reserve of anything when it comes to inflation, they say the central bank is cooking the books to hide it. Back in
The Federal Reserve has cut its QE purchasing pace, and yet the US Treasury Department doesn’t seem hampered by a shortage of bidders for its
This article was originally published by James Davis at Future Money Trends. Today’s letter is essentially a warning: if you are risking funds