As sellers' leverage in the market dissipated and mortgage rates increased, many homeowners decided to stay put in their existing homes. New listings dropped markedly since June 2022.
Updating the changes in central banks' balance sheets
A long-term look at inflation adjusted gold
Some interesting charts from our recent posts
Today's topics include consumers still feeling inflation's bite, in search of neutral, term premium turns positive, equity risk premium, the markets & politics, an eye on the yen, and Nvidia vs. the world
In the latest installment of Talking Data, Jim discusses why long-term yields are rising.
Today's topics include post-cut rate move looks like 1995, a resilient global economy despite all, does the ECB need a stimulative policy?, Moynihan offers Fed some wise words: be careful with rates, discussing term premium, what changes over-easy policy? markets, gold continues its climb higher, Japanese rates go for a ride, China's capital flight problem, and still early for private credit?
Today's topics include housing affordability, more Fedspeak favoring slower pace of cuts, rising rates, the short-term case against stocks, the long-term case against stocks, Covid broke many economic relationships, zombie companies in Japan at risk, and politics & stocks
Q3 2024 earnings season is ramping up. Expectations for earnings growth have fallen significantly since late 2023. It remains to be seen if companies can beat estimates at similar rates to past quarters.