Home builders slash prices and slow construction as buyers pull back, survey shows
Home builders are feeling jittery. That’s according to a June survey of home builder sentiment by John Burns Real Estate Consulting. Demand for new homes...
The Fed Can’t Print More Workers
The Federal Reserve is raising rates, the U.S. economy is weakening and recession talk is on the rise. But the biggest impediment to the job...
Inflation is ‘just too high and doesn’t seem to be coming down’: Fed’s Waller backs big interest-rate hikes
Federal Reserve Gov. Christopher Waller on Thursday said he backs big increases in a key U.S. interest rate over the next several months to drive...
Consumers Say 2022 Is the Worst Economy Ever
One of the biggest threats to markets fails a basic sanity check. The threat is that households are the most depressed they have been since...
Rising Interest Rates Will Crush the Federal Budget
The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing,...
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
In February 2021, Larry Summers was right and I was wrong. The former Treasury secretary warned that President Biden’s stimulus package was far too large...
The U.S. housing market is teetering on recession. Will the economy soon follow?
The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the...
King Gold Has Not Lost Its Head or Its Common Touch
Sometimes when I look at price charts, I’m reminded of poetry. Such was the case Friday as the August gold daily chart brought Rudyard Kipliing’s...
With Markets in Disarray, International Investors Are Stockpiling U.S. Dollars
Foreign investors selling stocks and bonds are hoarding the U.S. dollar as market volatility picks up. Typically investors repatriate cash into their local currency, but...
5 indicators traders can use to know when a crypto bear market is ending By Cointelegraph
[ad_1] 5 indicators traders can use to know when a crypto bear market is ending The bull market is gone and the reality of a...