Relevant and even prescient commentary on news, politics and the economy.

Capital goods orders rise to a new all-time record high in March

 – by New Deal democrat There was some important housing data this morning; but first I wanted to drop a brief note on the advance report on manufacturing that also was released, because it is yet more confirmation of the (surprising) strong positive trend in that sector. This report covered March, so included the first […]

Buying a Home Today May be Difficult

Sometimes, you can get the best deals when the economy is not so good. However, you may end up with a higher mortgage rate. One years we purchase a home In Schaumberg, Il for a good price and ended up with a 12% mortgage due to the economy. Since my wife’s mother was living with […]

Data Centers and Water

Not sure why. They are building in Arizona. I would think Arizona would be one of the last places to build a data center as water is not abundant, There are water issues here. Surface water is drying up. It’s no secret Arizona is worrying about its water. The Colorado River is drying up, in part due […]

Taiwan: thinking the thinkable

I’m not enough of a scholar of international affairs to possess a highly differentiated opinion on Taiwan. Superficially, a PRC invasion of Taiwan seems analogous to the Russian invasion of Ukraine: the PRC brands Taiwan as a renegade state, just as Putin brands Ukraine as “little Russia.” The historical antecedents are very different, and the […]

Repeat home sales, new rents continue to show almost *no* inflationary pressure in shelter costs

 – by New Deal democrat Three housing metrics have been reported between yesterday and today. Yesterday Apartment List updated their National Rent Report, and today the two national repeat home sales indexes, from the FHFA and Case-Shiller, were updated through February. To cut to the chase, all three confirm that housing prices have ceased being an […]

politics and the economy . . .

A rundown of the politics and the economy . . . April 28, 2026 Letters from an American Prof. Heather Cox Richardson There is a frenzied feeling to the news coming from the White House these days. Yesterday, the administration tried to blame Democrats and the media for the incident at the White House Correspondents’ […]

OIl, Helium, Semicondutors, Middle East . . .

Middle East Issues as Trump does his best to make issue complex with his lack of knowledge . . . Impact to Asia of the Middle East Oil Shortage – Angry Bear On higher-end manufacturing and with helium, being a gas byproduct used for semiconductors, the stress levels increase. Qatar, which normally produces nearly one third ​of […]

A Sign of Things to Come Before the Next Election – Virginia

This appears to be a 10 to 1 redistricting effort by Dems over Repubs (Virginia) which makes it a bit unusual . . . my opinion. It appears to be a bit much. But then it may be needed and legal for it to be accomplished. Similar although not as severe may be occurring in […]

Maybe Lower Oil Costs?

Having greater oil reserves gives the UAE leverage to strike out on its own. The UAE nation has not been supplying more oil due to imposed restrictions by Organization of the Petroleum Exporting Countries who act as one exporting group. Or simply stating there is more capacity than demand. And OPEC wishes to keep oil […]