…even feel better then decreasing gasoline prices. The economy is getting there, just not fast enough for many, and people show their doubts. Gasoline pricing dropping is short term. Inevitably,…

…an upward trend to follow new home sales: As I also usually reiterate, sales (blue again) lead prices (red, right scale): The boom in prices followed the boom in sales,…

…repairs, in blue) also appears to be intact: And the deflation in used car prices has definitely ended, although new car prices are flat: To sum up: while the very…

…down prices. Of course, nothing Trump has been spending his time on will do that. His pro-tariff crusade will raise prices. His warmongering among allies and enemies alike will raise…

…first recorded time since the Depression. Higher inflation and The Economist‘s “tracker suggest Mr. Trump’s tariffs are currently boosting consumer prices by 0.3 percentage points.” Office Hours: “Will Rising Prices…

…existing home prices still have a long way to go. The graph linked to below shows both repeat home prices indexes vs. average nonsupervisory hourly earnings, as well as the…

…until late 1991, I’m using spot oil prices for West Texas crude oil (/10 for scale) in the below graphs. In the 1974 oil embargo, in January oil prices increased…

…more “normal” levels. And since commodity prices tend to lead producer prices, which frequently (but not always!) lead consumer prices – which unlike commodity and producer prices were still rising…

Housing affordability update: prices vs. mortgage payments; and ramifications for the economy No economic news today (Monday 4/11), and most States didn’t report new COVID cases over the weekend, so let’s…

…in May and June. Prices follow sales. And sales are down significantly. It would not surprise me if the peak in house prices happened this summer. But while we have…