Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched ...

With the Fed finally easing, it’s worth remembering that monetary changes move with a multi-quarter lag. The unprecedented 22 ...

The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada’s inflation ...

An extra large challenge in this cycle is that households and corporations took advantage of an extraordinary, ill-conceived, many-century-low in interest rates to load up on debt into 2022. Even as ...