Whither housing? A look at interest rate and inflationary considerations
– by New Deal democrat Starting tomorrow we get to the time of month when the data on the important long leading sector of housing begins to be reported. So…
How could they vote for him?
By now you will have probably read thousands of words about Trump’s sweeping election victory, so what can I hope to add? The biggest puzzle for me, and I…
The Conservatives deserve little sympathy for their defeat on tax credits
Britain’s upper house deals a blow to the government by voting to stall planned cuts to tax credits Source link
Repeat home sales accelerate slightly monthly, but continue to show YoY deceleration
– by New Deal democrat This morning’s repeat house price indexes from the FHFA and Case Shiller continued to show deceleration in this metric which is very important to home…
The bile spewed at Tony Blair is not just unfair—it is counter-productive
The bile spewed at Tony Blair is not just unfair—it is counter-productive Source link
Wall Street Journal Reports on Another High-Level American Chatting with Putin
This is interesting. Another high-level American seeking wisdom and advice from Vladimir Putin. I guess anyone can to talk to whoever they wish to talk to. But, are there no…
David Cameron is playing a self-inflicted bad hand well
David Cameron is playing a self-inflicted bad hand well Source link
The Misinformation About Immigrants in the United States
During the Trump administration (according to the Migration Policy Institute), the Trump administration signed over four hundred executive actions on immigration between January 2017 and July 2020. These executive action…
mainly macro: October Budget 7: Soaking the rich?
This, my final post on the forthcoming budget, is designed to provide a guide to how to read what Reeves announces (or doesn’t announce) in a way that goes…
Labour’s sensibles are starting to push back—but they should push harder
Labour’s sensibles are starting to push back—but they should push harder Source link
3rd Look at Local Housing Markets in September
– by Bill McBride NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is…
Everything you need to know about Labour’s rolling crisis
Everything you need to know about Labour’s rolling crisis Source link
Household balance sheets are in good shape
– by New Deal democrat One of my fundamentals-based systems for monitoring the economy is to look at the health of household balance sheets. Most recessions happen when consumers are under…
The Labour Party is heading for a showdown on Trident
The Labour Party is heading for a showdown on Trident Source link
Trends in Housing Affordability: Who Can Currently Afford to Buy a Home?
– Nadia Evangelou A good read explaining why things slowed down. Good introduction of why housing market fell apart since 2020. Much was due to the Fed Rate which was…
Blame the British public for the junior doctors’ strike
Blame the British public for the junior doctors’ strike Source link
Real aggregate payrolls and inflation preview for September
Real aggregate payrolls and inflation preview for September – by New Deal democrat Tomorrow consumer prices for September will be reported. It’s almost certain that the best short term forecasting…
An interview with Dominic Cummings
By BAGEHOT IN MY column this week I profile Dominic Cummings, a former government adviser who is now campaign director for Vote Leave, the largest of the groups vying to…
Real Gross Product is Increasing – Third Estimate
Taken from the Bureau of Economic Analysis. Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Second Quarter 2024 and Annual Update Partial Report: Real gross…