– by New Deal democrat This morning gives us the last of our three measures of home sales, prices, and inventory, new home sales. These are the most important of the three because while they are very noisy and heavily revised, they are the most leading of all housing metrics, and so they can tell us about […]
Earlier in the article, it is said . . . Over the past decade, more than 100 rural hospitals have closed. The result of the closures being millions of Americans who live in those communities no longer have access to an emergency room, in patient care, much less doctors. This is healthcare and hospital services […]
So far, the only “efficiencies” realized by DOGE have been (1) keeping Elon Musk’s name and image in the news and (2) the systematic destruction of federal programs and the expertise to run them efficiently. Like Elon’s SpaceX rockets, his DOGE has mostly failed on the launch. “On the first day of his second term, […]
– by New Deal democrat Yesterday the existing home sales report showed continued deceleration in YoY price increases to 1.3%, along with an increase in inventory of houses for sale, indicative of the ongoing rebalancing of the housing market. This morning’s repeat home sales reports from the FHFA and S&P Case Shiller strongly confirmed that deceleration and ongoing […]
It appears some bad times are coming for the United States. We are attacking the Labor that will do the jobs legal US Citizens will not do for the money paid to illegals and legal immigrants. “Ghost Farms of Texas: Why Hundreds of Farmworkers Suddenly Vanished, Leaving Crops to Rot” This sudden, unexplained exodus has […]
– by New Deal democrat The first part of this week is all about more housing data. This morning started out with existing home sales, which although they typically constitute about 90% of all sales are the least important for forecasting purposes, since the main thing that happens is only a change in ownership, and therefore they […]
“(Reuters) -Tesla shares jumped 10% on Monday, lifted by the long-awaited launch of the company’s robotaxi service that CEO Elon Musk has for years championed as a key driver of the electric vehicle maker’s lofty valuation. “The automaker deployed a small fleet of self-driving taxis in Austin, Texas, on Sunday, marking the first time its […]
– by New Deal democrat There is an old saying that “economic expansions don’t die of old age. They are murdered.” I have been writing about the economy, and examining all sorts of leading, coincident, and lagging indicators, for 20 years; and the longer time goes on, the truer that saying appears. My most recent examination […]
The United States already had the highest rate of child poverty compared to other wealthy, developed nations. According to the most recent data from the Organization for Economic Co-Operation and Development (OECD). The U.S. child poverty rate was 20.8 percent, and the average for similar countries excluding the United States was 11.2 percent using data […]
A quick run-down on Trump and Republican’s H.R. 1 bill. This has already passed in the House and is now at the Senate for consideration. There may be some changes and resistance yet. There is a widespread agreement the most vulnerable will take the biggest hit, and it is by design. Under H.R. 1, the […]