One of the more interesting housing data lines we have seen in this economic cycle has been the gap between the (HMI) Housing Market Index and data from new home sales, starts and permits. At first glance it does look like a major disconnect from builder confidence to builder activity. However, we need to put […]
The core belief of the Establishment is the central state should run everything.If you’re an Establishment insider, the mainstream media will give you plenty of column inches and airtime to label Donald Trump a “dangerous” fascist: for example, De…
Our financial system is like the Titanic: technologies such as high-frequency trading (HFT) and innovations such as securitization and complex derivatives have enabled major players to construct an enormous, fast-moving financial system that creates the illusion of low risk
The Twitter-incited mob that shut down last week’s Donald Trump rally at the University of Illinois’ Chicago pavilion was the first skirmish in what is shaping up to be a civil war between a political Left that has lost its mind and a political Right that has lost its mind and its soul.
Obama’s lame excuse back then was that the bankers had done nothing patently illegal enough to warrant investigation — a claim that was absurd on its face.
Since stock markets are ultimately underpinned by corporate profits, let’s ask: What factors could crush profits in 2016?
US Treasury 10Y Yield DOWN 46.1 Basis Points Since Last Fed Rate Hike (Term Premia Remains Negative)
Say, if The Fed wants to push down the 10 year Treasury yield to stimulate the economy, maybe they should RAISE The Fed Funds target rate again?
Hillary’s dumb riposte to Trump’s dumb slogan — make America great again! — was “…America never stopped being great.” I guess she’s been traveling around the strip-mall wastelands of Carolina
One or more rate hikes by the Federal Reserve in 2016 remains a real possibility. Why would the Fed consider such a policy action given the recent collapse in inflation expectations?Over the past couple of months many analysts and the futures markets h…