Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
President Trump called for the “termination” of Jerome Powell’s leadership at the Federal Reserve for failing to cut interest rates in a speedy manner. This morning, Trump took to his Truth Social platform to fault Powell for not following the example of the European...
Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
A Phil Hall Op-Ed: If you’ve been following the news over the past week, you may have noticed the word “recession” popping up over and over. This is not because we’re in a recession, but it is because some highly prominent financial services executives and economic...
President Trump and Federal Reserve Chairman Jerome Powell talked past each other this morning, with the president demanding interest rate cuts in the wake of a vibrant economy while the central bank leader warned the economy was in danger of fraying following the new...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
