Charles Hugh Smith·Sep 23, 2024So the Economy Now Depends on Stocks Which Depend on Front-Running the Fed — And This Is Fine?So the entire economy depends on the stock market going up as punters front-run the Fed — and this is not only fine, it’s optimal, the…A response icon1A response icon1
Charles Hugh Smith·Sep 11, 2023Here’s Why Housing Is Unaffordable for the Bottom 90%The superficial conclusion that the reason why housing is unaffordable is a scarcity of housing misses a key dynamic in supply and demand…