EconomicsBig Business Signals to Fed It’s Either Rate Cuts or Job CutsThe clear message from this earnings season is that companies are only keeping headcount steady in anticipation of lower borrowing costs ahead.
EconomicsWant Good Value on a Home? Check Out San FranciscoReal estate in the city will never be cheap, but relative to its sky-high past and peeking into the future, now may be the best time to buy.
EconomicsThe Housing Market Will Tell the Fed How Much to Cut RatesA lot of pent-up economic energy will be unleashed once mortgage rates fall to levels that boost transactions and home-linked consumption.
EconomicsMcDonald’s $5 Meal Tells You Where Prices Are HeadedWhether you’re selling hamburgers or dry goods on a shelf at Walmart, the days of inflation boosting earnings are over for consumer companies.
EconomicsHomebuilders Urgently Need Fed Rate CutsSlumping new home construction and weak sentiment among developers bodes poorly for housing supply in the US.
EconomicsGen Z Is Learning the Truth About the ‘Strong’ Job MarketThe low unemployment rate masks a harsh reality for young workers — employers are cautious about bringing on new staff.
EconomicsHomes for Sale Are Piling Up, Just Not Where the Buyers AreThere is more resale housing inventory on the market than at any time since July 2020, but transactions continue to be anemic.
EconomicsWeakest Parts of the Economy Are Hindering Rate Cuts, TooSectors that have been slowed by high Fed-induced borrowing costs, such as housing and manufacturing, are somewhere between bottoming and recovering.
EconomicsThe Cooling in Apartment Rents Won’t Last LongThe official data point to a slow easing in shelter inflation, but the country’s big landlords are seeing something else unfold.
EconomicsWe Actually Need to Build More Luxury Homes. Here’s Why.Let’s think about the housing market of 2030 when middle-aged millennials in their high-earning years will be looking to trade up.
EconomicsGoogle and Microsoft Don’t Care About Fed’s 2% Inflation GoalHigh interest rates won’t deter spending by the big technology companies as they race to dominate in artificial intelligence.
EconomicsHousing Will Get More Expensive Because of the FedThe only way to address the primary driver of high shelter costs is to build more apartments and houses. High interest rates prevent that.
EconomicsThe Job Drought in Finance and Tech Is EndingAn 18-month slump in hiring for white-collar professionals is finally showing signs of stabilizing.
EconomicsEnjoy Cheaper Rent While You Can. It Won’t Last.Lots of new units hitting the market helped stabilize things this year, but there’s already reason to worry again.
EconomicsA Dream Run for Homebuilders Is EndingA rise in the number of existing houses for sale should soften prices, making the environment more competitive for new construction.
EconomicsWho’s Waiting on the Fed? Not the Credit MarketLending and bond-market activity are climbing as bankers and investors focus on the salubrious effects of rate cuts to come.
EconomicsSqueezing Realtors Is Just What the Housing Market NeedsCommissions are in a state of flux, but one immediate outcome should be increased transactions that will get the property market moving again.
EconomicsPandemic Homeowners Are the New Envied (and Hated?) EliteThe high inflation and rock-bottom mortgage rates of just a few years ago created a different form of inequality, complicating the Fed’s job.
EconomicsNeed to Sell Your House? It’s Time to HustleSellers are finally giving up the wait, driving up inventory levels and handing negotiating power back to would-be buyers in many markets.
EconomicsBoy, This Economy Is Hard to Read. Mea Culpa.I’m now sorry that I described recent signs of recovery as akin to a “dead cat bounce” that would eventually be swamped by high interest rates.
