Weekly Indicators for December 19 – 23 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. Coincident indicators continue to ever so microscopically worsen – but not yet in recession territory; while there is an increasing suggestion from the long leading indicators that a recession could be relatively short. Provided, of course, that the Fed takes the hint. As usual, clicking over and reading will bring you up to the virtual...

New home sales for November: at last, a bright spot! (relatively speaking) New home sales are very volatile, and heavily revised. But they frequently are the first housing metrics to turn. And November’s new home sales report suggests that they may indeed have made their low. Last month new home sales increased to 640,000 annualized, from a downwardly revised 607,000 (vs. the original 632,000) in October. Here’s what the past year looks like...

From the New York Times comes this list of trends in real estate, houses, mortgages, and the impact on buyers and sellers. The State of Real Estate Whether you’re renting, buying or selling, here’s a look at real estate trends. Rising mortgage rates. Faltering home sales. Skyrocketing rents. We spoke with economists, mortgage brokers and real estate agents to plot the course ahead. Looking for a house in this tight market? Consider...

Goodbye 117th Congress  Merry Christmas, you all. So, the 117th Congress is done, and Nancy Pelosi is ending her historic run as Speaker of the House.  It passed more legislation than we have seen happen in a congress in a very long time.  While Joe Biden did not get all he wanted, much less the progressive caucus, a great deal as passed, some of it, like the infrastructure bill, that has been languishing for decades. At the tail end we got the...

From Dan and Bill, and contributors to all our readers.

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 Merry Christmas, you all.So, the 117th Congress is done, and Nancy Pelosi is ending her historic run as Speaker of the House.  It passed more legislation than we have seen happen in a congress in a very long time.  While Joe Biden did not get all he wanted, much less the progressive caucus, a great deal as passed, some of it, like the infrastructure bill, that has been languishing for decades. At the tail end we got the right to marry confirmed, reform of the electoral act to prevent a VP...

Brings Economists Thomas Piketty closer by his Lecture