– by a New Deal Democrat Real personal spending edged down in May and real total sales continued to decline in April, as of this morning’s report; while real personal…
– by a New Deal Democrat Initial claims fell -26,000 last week to 239,000, their highest range this spring. The more important 4-week moving average rose 1,500 to 257,500, a…
– by a New Deal Democrat No big economic news today. So while we wait to see if initial jobless claims continue to deteriorate tomorrow and what happens to real…
– by a New Deal Democrat Let me start with my usual caveat about new home sales: Although they are the most leading of all housing indicators, they are very…
– by a New Deal Democrat Seasonally adjusted April home prices, as measured by both the FHFA (red in the chart below) and the Case Shiller (blue) indexes, rose 0.7%…
– by a New Deal Democrat One of the most important reasons why the Fed’s big rate hikes and big declines in things like housing starts and lending haven’t turned…
– by a New Deal Democrat Initial claims, which were one of the most positive indicators for all of last year, have turned murkier over the past few months and…
Nikola Jokic’s meteoric rise from unheralded second-round draft pick to two-time MVP has been well-documented, complete with a Taco Bell commercial. But even when he was a teenager and putting…
Michael Porter Jr. doesn’t care much for Trae Young, who regularly drops 30 points, or Brandon Roy, who was one of the most electric players in the league in the…
Noble Haskell’s walk to receive his high school diploma wasn’t just the typical moment of pride usually associated with academic achievement. Instead, for a young man who has faced unimaginable…
