Serious investment thinking that doesn’t take itself too seriously.
Sales of existing homes sank another 5.9% in October to a 4.43 million seasonally adjusted annual rate. That is the ninth consecutive monthly decline, leaving the selling pace at...
But mortgage rates also continued to rise. Total housing starts fell to a 1.638m annual rate in January from a 1.708m pace in December, a 4.1% decrease. From a year ago, total...
Initial claims for regular state unemployment insurance increased by 23,000 for the week ending 12 February, coming in at 248,000 (see first chart). That is the first increase...
Summary AIER’s Leading Indicators Index posted a solid gain in January, rising to 63 following three consecutive months at the neutral 50 mark. The gain was the largest one-month...
The preliminary February results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell sharply in early February, hitting the lowest level...
US nonfarm payrolls added 467,000 jobs in January, easily beating expectations. The January data reflects annual benchmark revisions, as well as updates to seasonal adjustments....