“We are now seeing the true effects of the coronavirus on the housing industry,” said Bill Banfield, Quicken Loans executive vice president of capital markets. “Despite the fact that construction can continue during shelter-in-place orders, home buying demand has plummeted and builders…
Midweek Macro – 4.15.2020
“You don’t have to swing hard to hit a home run. If you got the timing, it’ll go.” – Yogi Berra With projections coming out of the International Monetary Fund indicating that global GDP output is set to decrease by…
Midweek Macro – 4.8.2020
“The night is darkest just before the dawn. And I promise you, the dawn is coming.” – Harvey Dent Over the last week or so, the United States has been bracing for the worst of the coronavirus outbreak as Trump…
Midweek Macro – 4.1.2020
As the world continues its battle with coronavirus and the uncertainty that lies ahead, there are lights beginning to flicker at the end of the tunnel. If you’ve taken any of your social distance to focus on sharpening your economics…
Midweek Macro – 3.25.2020
The Senate had a slumber party in Washington last night. With the house of representatives working from home, their friends from across the capital worked through the night to finalize details in what is set to be the 3rd coronavirus…
Midweek Macro – 3.18.2020
In 2016, President Trump spent a decent chunk of his campaign rallies preaching about the power of tax cuts for American corporations and business owners as a part of what economists typically refer to as “Trickle-Down Economics.” Trump’s administration got…