Doctor’s insight: Bookies call it the “vig,” insurance companies call it a “PPO Repricing Fee.” It allows them to go around state insurance laws.
Sweet Spot: Homes above $15 million.
Subprime giveth, subprime taketh away.
Hapless American consumers appear to have hit a limit.
Not everyone is irrationally exuberant.
“Lies, Damn Lies, and Statistics”
Reader speaks up: Sensible people at all income levels are altering their behavior to be ready for what may happen.
Over the long run (which is now), the math of that distortion just doesn’t work out.
How the Fed and other central banks channel wealth and income to rich households and companies at the expense of wage earners and the young.
Despite surging stocks since 2012, consumer sentiment has not broken out in similar fashion: a warning sign of a big move down in the markets and economy.