Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading
Central banks can see this coming, underway in several places. But they have another problem: very little room to cut rates, and desperately frightened of the “zero bound.” Thus a continuous argument worthy of Monty Python: Do we fire our limited ammun… Continue reading
More than a third of U.S. homebuyers believe a recession is coming next year, according to new data from realtor.com, with many also saying they’ll halt their housing search if or when a downturn finally arrives. Continue reading
After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading
Long and Foster agent Michael Murphy said in a video he sent to the White House that he’d be willing to take a lower commission on the billion dollar deal. Continue reading
Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading
Making good on their stated plan, scores of Wayfair employees walked off the job Wednesday to protest their company’s practice of selling supplies for use in immigrant detention camps near the U.S.-Mexico border. Continue reading
In an executive order Tuesday, Trump said the role of the council would be to increase the supply of homes in the U.S. in an effort to meet demand. Continue reading
A letter purporting to be from Wayfair employees that was widely circulating on Twitter Tuesday — and which was shared by @wayfairwalkout — further alleged that the company supplied $200,000 worth of bedding to a BCFS facility in Carrizo Springs, Texas… Continue reading
President Donald Trump rode to success with a campaign slogan that appealed to our reptilian instincts, according to marketing experts, just as President Barack Obama’s “hope” campaign did. Debates will show us whether the current crop of candidates ha… Continue reading