Blog
Blog
Does the Equity Bubble Remain Intact?
Executive Summary The S&P 500 recently entered “correction” territory after falling 10% by March 13 of this year. Both the rise and [...]
Are Consumers Spending Less?
Executive Summary The Empire State Manufacturing Survey shows a 25.5 point drop in General Business Conditions (first graph), much lower than expected [...]
How Has the Government Hidden a Potential Mortgage Crisis?
Executive Summary The Wall Street Journal article entitled “Biden’s Mortgage ‘Relief’ Fuels Higher Housing Prices” sheds some light on how housing prices [...]
What Are the Odds of a Recession?
Executive Summary The National Bureau of Economic Research (NBER) is the official declarer of recessions. Oftentimes a recession is not declared until [...]
Are Home Prices in a Bubble?
Executive Summary Existing home sales, which exclude new homes, fell about 5% in January 2025 (see inset box of first graph for [...]
Does the U.S. Need DOGE?
Executive Summary In case you missed it, President Trump established the Department of Government Efficiency or DOGE. Politics aside, something must be [...]
Are Investors Seeing the Big Picture?
Executive Summary Some of the things impacting the stock market currently include tariff implementation, negotiations over tariffs, DeepSeek, AI, earnings, ISM and [...]
Is DeepSeek a DeepFake?
Executive Summary Futures markets were in a tailspin early Monday due to Chinese AI tool called DeepSeek. Many investors have flocked to [...]
Will Foreclosures Rise?
Executive Summary Last week’s missive discussed the affordability of housing. Look at the first graph, one can see it requires a $115,000 [...]