Builders are ramping up supply just as a record low percentage of Americans say it's a good time to buy a home.
The negative economic consequences of unloading unwanted inventories are about to begin.
When just a handful of companies lead equities higher, trouble often follows for investors.
Brains and substitutions have always beat major economic problems and shortages, and probably always will.
Greater use of extant telecommunications has been forced by the pandemic.
Expect more government involvement in the economy, deglobalization and a stronger dollar.
Only perfection will prevent the central bank's credibility from eroding even further.
The reason why the aftermath of pandemics push up real wages is because of the shortage of labor.
Count on the current high rates of inflation receding as economic growth slows.
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