Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched ...

With the Fed finally easing, it’s worth remembering that monetary changes move with a multi-quarter lag. The unprecedented 22 ...

The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada’s inflation ...

An extra large challenge in this cycle is that households and corporations took advantage of an extraordinary, ill-conceived, many-century-low in interest rates to load up on debt into 2022. Even as ...

Rising unemployment has overtaken inflation as the dominant fear, and today is expected to bring the Fed’s first rate cut of a new easing cycle. Like Pavlovian dogs, stocks typically rally in ...

In his webcast titled “1984” in remembrance of George Orwell’s dystopian novel, DoubleLine Founder and CEO Jeffrey Gundlach ...

On Wednesday, the Fed cut its policy rate by 50 basis points. The last three times they cut by this much were January 3, 2001, September 18, 2007, and March 3, 2020—all three marked the beginning of ...

Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. World consumption increased by 800,000 barrels a day ...

From 2019 to 2022, rounds of “free” money courtesy of central banks and governments fuelled gullibility and blind risk-taking in many countries. The effects were particularly short-lived in China, the ...

The outlook for small business earnings has been contracting since 2019, retreating below the pandemic bottom in August, with no turnaround yet. The glaring outperformance of S&P 500 operating ...