The millions of American renters longing to buy a home are doing the math again after the Fed’s rate cut. It still doesn’t add up. Though average rates on a 30-year mortgage dropped to just over 6% ...
When markets dislocate from fundamentals in a momentum-driven melt-up, all news is good news because pundits must come up with reasons each day why stock prices are rising. Yesterday, a dismal ADP ...
In the 1960s, the Soviet climatologist and mathematician Mikhail Budyko set out to investigate the potential future of a planet on the brink of nuclear Armageddon. He started by looking some 600 ...
Focusing on rates of change is what led me to conclude three years ago that we would avoid a recession and eventually realize a soft landing for the economy. The rate of inflation was peaking and ...