Housing Market’s Crucial “Spring Selling Season” Is in Tatters
Late last year and early this year, the story was that dropping mortgage rates, powered by big rate cuts from the Fed, would unleash demand in »
The 'K-shaped economy' has shown up at the gasoline pump
The war in Iran has sent crude oil — and therefore gasoline — prices surging. On Wednesday, the national average price for Americans to fill up their cars »
US Debt Crosses 100% of GDP for First Time Since 1946—And This Time Is Different
US public debt has reached 100 percent of GDP (gross domestic product) for the first time since the aftermath of World War II. Just because we »
Legendary economist known for 1969-70 recession prediction warns downturn may hit in 2026
Gary Shilling, the legendary forecaster known for his bearish accuracy and being fired from Merrill Lynch for predicting the 1969-70 recession, is sounding the alarm »