Executive Summary Existing home sales, which exclude new homes, fell about 5% in January 2025 (see inset box of first graph for 12-months). In addition to sales declining, the median price of existing home sales fell for the third month in a row in January, coming in [...]

Executive Summary In case you missed it, President Trump established the Department of Government Efficiency or DOGE. Politics aside, something must be done about government spending. Currently our U.S. National debt is over $36.5 trillion dollars, while the annual budget deficit last year was $1.8 trillion. Studies [...]

Executive Summary Some of the things impacting the stock market currently include tariff implementation, negotiations over tariffs, DeepSeek, AI, earnings, ISM and PMI data releases along with the January jobs report. Each datapoint seems to initiate exaggerated market moves. Partly because markets are very overvalued, as illustrated [...]