First time claims for unemployment compensation continued their string of record lows for the same week of the year but the improvement in the weekly number slowed…
The fact that initial unemployment claims keep making record lows does not mean what Wall Street and its Big Media PR flacks want you to think it means. Here’s why.
For generations, single family housing development was a driver of US economic growth. Today, there is no single family housing industry to speak of. These…
The Fed has created permanent housing crisis from which there is no escape. Total US housing starts peaked in 1972. This chart shows actual (not seasonally…
The US Government and the Fed measure inflation in a way that is tantamount to reverse Robin Hood theft. Government measures cheat savers and particularly…
Employers continue to ignore the signals sent by the recent stock market fracture. They are still hoarding their low cost labor forces at a record…
Yesterday’s new home sales report from the Census Bureau triggered an ebullient response. Big media used words like “surge; soar; rise sharply; above expectations” to describe it.…
First time claims for unemployment compensation continued their string of record lows for the same week of the year. The actual number, not subject to any seasonal hocus…
NAR data on housing sales showed the largest August decline since 1999, the earliest publicly available data.
First time claims for unemployment compensation hit a 41 year record low last week at just over 198,000. This was the actual number, not subject…
