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

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SCOTT SUMNER II

…management and large scale bond and stock markets where corporation could raise capital. Consequently, it would seem to be a fair comparison to compare the performance of the US economy…

…consumer confidence, and a rising stock market. 2.2% growth is basically ok, closer to recession than to boom, but basically neither. It would take growth rates somewhat above 3% to…

Claim to Promote Affordable Housing

…and transforming discriminatory underwriting, credit scoring, and AI systems.”   The Dodd-Frank Wall Street Reform and Consumer Protection Act’s mortgage reforms returned safety to the housing market. Improvements to the Qualified…