US Housing: The Lingering Curse of Poor Affordability Intensifies
Housing affordability has fallen to its lowest level since the 1980s, largely due to rising mortgage rates and home prices. Homebuilder buydowns...
59 Views
Higher US Treasury Yields: Not All About Strong Capital Spending by AI Hyperscalers
The view that capital spending by AI hyperscalers is crowding out US Treasuries has gained credence. Fed policy conduct has played a bigger role...
83 Views
Investors Back AI to Produce Disinflation, but Geopolitics Increasingly Determine Pipeline Pressures
Investors have bought the idea that the AI rollout will produce low and stable inflation rates once again. Geopolitics and fiscal policy conduct...
89 Views
Hawkish Fed Raises Concerns Over US Equities, but a Repeat of 2022 Correction Is Unlikely
The Fed raised its policy rate as expected, with rates expected to remain higher for longer. Rising Treasury yields have raised concerns over US...
97 Views
New Era of Higher Inflation Volatility Forces Central Bank Policy Conduct Reset
Inflation volatility has been boosted by a series of supply shocks. Central banks will be forced to shock real intent on adhering to inflation...
98 Views