With the Trump tariffs and restoration of the southern border, the domestic economy will be red-hot this time next year. Service and manufacturing...
Retail order flow has a price because knowing that your counterparty is, almost by definition, the dumbest of the dumb money is worth a non-zero...
The obvious takeaway from that graph is that each successive bull market gets relatively weaker - which is entirely as you’d expect, given the...
It’s always the same thing. Mentally unbalanced freaks get influenced by what’s floating around in the media and the zeitgeist. The ‘cause’ is...
Around here it’s apparent that even where stranded CRE assets exist, there is still considerable value to be had in redeveloping the land as...
I don’t foresee the job market ever again being like it was in 2008, to say nothing of even worse prior recessions. Demographics mean that labor...
Why the CRE crisis never happened is a puzzle to me. I haven’t seen a comprehensive analysis of the state of the market. Are they just still...
The wrongest man in finance, lol. The day he closes his fund will probably mark a multi-decade top in the stock market.
Following “indicators” like these is a waste of time. The market rises because corporates buy back stock every Q while automatic paycheck...
Sure there are similarities. The difference is that in 1929 they crashed the economy and asset prices by allowing a chaotic, deflationary...
I’m not sure why you think it’s “an obvious thing to do”. Between the extra costs of installing the panels in a car body vs a fixed...
California has 50 million people so the stat isn’t wholly surprising. The environs of NY and DC are as wealthy or even more so, but in both cases...
Ironic that Democrats will throw the election because they believed their own lies re: Biden’s cognitive decline.
My view is that the Rus-Chi-NK axis outproduces the West by a factor of 3 to 5 when it comes to explosives. Slave labor in North Korea is cheap....
The point is that with an ICE car, if you need to go on a 600 mile road trip then immediately turn back around and evacuate because a hurricane is...
Trump maybe screwed himself by scheduling the debate prior to the convention. I actually wonder if this wasn’t a strategic move by Dem insiders to...
Seems like a contradictory view. I don’t see how you get massive layoffs on the heels of a material fiscal stimulus. More likely is that the end...
Was just telling some folks yesterday that I think Ukraine’s defeat is inevitable at this stage. IMO they manage to hold on into ‘25 but run out...
Why not? I have two eyes and a brain. Try to have any sort of sensible discussion here and people will argue that the sky isn’t really blue....
Census bureau supplemental poverty measure (right side of the table, which takes into account CoL):...
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