Brent Nyitray
Fairlington Blade
Let the mutherfuker burn!
jnc4p
Kevin S. Willis
Michigoose
lmsinca
markinaustin
Memetrics
novahockey
quarterback
ScottC
yellojktVital Statistics:
| Last | Change | |
| S&P futures | 4,433 | 49.2 |
| Oil (WTI) | 92.02 | -2.63 |
| 10 year government bond yield | 2.04% | |
| 30 year fixed rate mortgage | 4.15% |
Stocks are higher this morning after Russia sent some troops home, in an apparent de-escalation of the situation in Ukraine. Bonds and MBS are down.
The Producer Price Index (a measure of inflation on the wholesale side) rose 1% MOM and almost 10% on a YOY basis. Ex-food and energy, prices rose 8.3% YOY.
Roughly 69% of American households cannot afford a median-priced home, according to research from the National Association of Homebuilders. The study considers a home affordable if the PITI payment is under 28% of gross monthly income. The income required to purchase the median home is $99,250.
Home prices rose 14.6% in the fourth quarter, according to the National Association of Realtors. The study also looked at qualifying income based on different down payment scenarios. The West Coast continues to be the most expensive single family market.
Filed under: Economy |
All Things in Moderation 
Truly a loss. Rest in Peace, P.J..
https://citizenfreepress.com/breaking/pj-orourke-passes-away/
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Indeed. The first book I read by him was Parliament of Whores, and I was hooked. I saw him speak a few times, the last was just before Covid in London.
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met him as an undergrad.
he autographed my copy of Holidays in Hell
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I loved Holidays in Hell.
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NYT actually has a nice write up:
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