Lumber futures prices are limit down today, falling to their lowest price since Dec 2017, erasing much of the post-tariff surge in prices as US construction spending unexpectedly tumbles in June.
Americans Are The Most Confident In The Current Economic Situation Since The Peak Of The DotCom Bubble
Paul Krugman, the famed economist who's made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire - bitcoin.
Chris Duane Video-Chris goes over the next financial crisis
US super-saver couple reveal how they cleared their $123,000 debt in just THREE YEARS - including selling their belongings, reducing their internet speed and banning eating out
A few weeks ago, SocGen asked what is arguably the most important question relating to the global trade wars: are tariffs inflationary or deflationary? While there were various nuances, its conclusion was simple: "Inflationary short term, disinflatio
Many sensible voices are explaining that there's no acceptable argument for a carbon tax.
For those who have been focusing on corporate earnings, the stock market and the global economy, a more ominous - if under-reported - flashpoint has emerged in recent days after some scary housing market numbers were published over the past week...
Calls for a "permanently high plateau" in housing come amidst uncertainty about the market.
With most economists squarely focused at today's GDP growth rate, one aspect of today's GDP report that was largely ignored, was the wide-ranging revision to historical data that the BEA released alongside the latest numbers.
Despite missing expectations, a 4 handle on GDP growth in the second quarter has prompted President Trump to take a quick victory lap...
According to DNC Chairman Tom Perez, Ms. Alexandria Ocasio-Cortez is "the future of the Democrat party." Ms. Ocasio-Cortez has a bachelors degree in "economics" and "international relations" from Boston University.
Anyone with a price book will agree that the cost of nearly everything has been steadily going up. Unfortunately, wages are not increasing at the same rate. And to quote Bachman-Turner Overdrive, you ain't seen nothin' yet. There are three events
It seems to be a hard time for those expressing concern about the build-up of risks in the economic and financial system: the major economies in the world are expanding at a decent clip, credit default concerns are very low, and stock and housing pri
"The affordability crisis may have reached a breaking point in Portland, San Jose, and Seattle," said Redfin CEO
The Yardi Matrix/Rent Cafe expects apartment construction to decline in 2018 for the first time since 2011.
Authored by Mike Shedlock via MishTalk, "The affordability crisis may have reached a breaking point in Portland, San Jose, and Seattle," said Redfin CEO.
The 'Bottom Half' "Bolsters" The Economy By Going Into Debt
Don't believe them
A reckoning is due. One the elites are already readying for...
Daniel Lacalle joins Jeff Deist to discuss how and why central banks are trapped, stuck with ultra-low interest rates and expansionary policies that produce astonishingly little real growth. This is a hard-hitting and sober look at what rising intere
Renowned geopolitical and financial cycle expert Charles Nenner says don't believe the Federal Reserve when it says it expects "the strong performance of the economy will continue."
After a great deal of thought and following a discussion with my investors and limited partners I have decided to liquidate all of my long holdings (which include many which I believe have a favorable intermediate term outlook).
Late last month, the Fed declared that six of the country's biggest banks needed to scale back their plans for returning cash to shareholders to strengthen their capital buffers, a striking reminder that banks shouldn't be overeager to put the legacy
Chris Duane interviews Dr. Ron Paul on World Events...
Industrial production rose a consensus-expected 0.6% in June. However, May was revised from -0.1% to -0.5%.
Housing bubbles proceed in fairly predictable stages.
This problem is fixable. But it means taking matters into your own hands: You can't fix Social Security. But you can ensure that your own retirement is funded.