Fannie Mae sharply raises mortgage rate forecast for 2027
Economists at Fannie Mae are now predicting much higher mortgage rates through the end of 2026 and into 2027. It now puts the average rate on »
Menu price inflation is up, and wages aren’t keeping pace
Restaurant menu price inflation continues to increase at a rate well over that of grocery stores but even more when compared with the amount of money »
The Everything Bubble Is Already Deflating… Just Not Where Everyone Is Looking
Everyone is watching the wrong asset. Stocks are at or near record highs. The S&P 500 is trading around 7,800. Every headline this »
Americans Unprepared for Retirement Income After Age 80, Guardian Finds
While average longevity rates in the United States have now reached 79 years, according to the Centers for Disease Control and Prevention, most American workers haven’ »