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“Housing permits were solid again in January. However, rising home prices and higher mortgage rates may be headwinds for demand while elevated commodity costs remain a challenge for homebuilder profits.” ~ Robert HughesREAD MORE
“Hopefully Chris Herring follows up his book with one that covers the Knicks teams that came after the ones of the 1990s; that, or Herring’s book inspires a look by someone else into what became of what was once so great, and such a joy to watch.” ~ John TamnyREAD MORE
“Weekly initial claims for unemployment benefits ticked up and are slightly above the pre-pandemic level. Overall, claims remain at a very low level by historical comparison. Most data suggest the labor market remains very tight.” ~ Robert HughesREAD MORE
“I chalk it up to wishful thinking. Fed officials were not yet willing to tighten monetary policy. They hoped inflation would get better on its own. It didn’t, and their projections underestimated inflation as a result.” ~ William J. LutherREAD MORE
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