there is no boom

The Blatant Dishonesty of the ‘Boom’

By |2018-01-18T18:02:00-05:00January 18th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Why do humans tend to behave in herds? It’s a fundamental question that only recently have researchers been able to better understand. On the one hand, it doesn’t take an advanced degree in some neurological science to see the basis behind it; survival for our ancestors often meant getting along with the crowd. There are times when that very trait [...]

What Home Sellers Know That Economists Don’t

By |2015-03-23T17:08:27-04:00March 23rd, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

There really isn’t much to say about the housing market in the US right now except that economists clearly don’t know what to do with it. Having signed up wholeheartedly for the “booming” economy, or at least the narrative thereof, flagging sales in both new homes and resales doesn’t compute. Instead of recognizing why that may be, especially as it [...]

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