Real estate

The Fed Still Has On Its Beer Goggles

"The danger with these econometricians is they don’t know their own limitations, and they have a far greater sense of confidence in their analyses than I have found to be warranted... They are, however, dangerous to people like you and the politicians because you don’t know their limitations, and you are impressed and confused by the elaborate models and mathematics."

Houston Commercial Rents Plunge As Vacancies Hit 22-Year High

There is seemingly no end to the growing problem of commercial real estate vacancies across the country.  And while we've spent a lot of time talking about the largest markets of New York and San Francisco, Houston, one of the hardest hit markets from the collapse of oil prices, is also in the midst of its own real estate collapse.

Key Events In The Coming Week: French Election, Earnings, Manufacturing, Housing

This week will be dominated by the first round of the French presidential election on Sunday. On the data side, following China's strong economic report, attention will focus on US industrial production growth on Tuesday. In the euro area, flash PMIs for April due on Friday could point to moderation. This is also the first full corporate earnings week.

Why The Bank Of Canada Should "Cease And Desist"

“The BoC should cease and desist with talk of possible further rate cuts, which simply fuel the sense that rates are never going higher, and instead start warning that rates will someday rise.”

This One Trade Changed 400 Years Of History In Just Four Hours

On September 7, 2016, Barclays facilitated a $100,000 trade of cheese and butter between Irish food company Ornua and the Seychelles Trading Company. This small trade will be just as revolutionary as the first email sent. Here’s why...

Not All Millennials Are 'Snowflakes'

While it's certainly good sport to mock 'snowflakes', not all Millennials are snowflakes. Many are homesteading, buying affordable homes and building communities that get stuff done.