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Dow Theory Is So Yesterday
The DJIA is down 2.1% from its record high of 41,198 reached last Wednesday (chart). The DJTA was…
Construction
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Goods Economy Still On The Ropes
A growth recession is still rolling through the goods sector. Real consumer spending on goods has been flat at a…
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Time To Get Some Worry Beads?
Today's batch of economic indicators was relatively upbeat. June's JOLTS report showed that jobs remained plentiful.…
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Construction Is Booming Despite Housing Recession
The single-family housing market has been in a recession since early 2022. Housing is among the most interest-rate sensitive sectors…
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Onshoring Is Happening Now. Don't Underestimate MAMA!
Don't underestimate "MAMA," which stands for “Making America Manufacture Again.” Manufacturers, large and small, domestic and…
