The jobs recovery in work-from-home cities is fizzling out: Morning Brief

Friday, June 26, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe Working from home is great if you already have a job. In recessions, lots of bad things happen to the labor market. Unemployment rises sharply. Wage gains level off. And the number of […]

The virus drives the economy: Morning Brief

Thursday, June 25, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe There can’t be an economic recovery without a public health recovery Stocks sold off sharply on Wednesday as all three major averages fell more...

The housing market rebound continues: Morning Brief

Wednesday, June 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe New home sales data impress in May. A day after existing home sales data for May disappointed, new home sales data topped expectations....

Another economic indicator may have bottomed in May: Morning Brief

Tuesday, June 23, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe Existing home sales plunged in May. Most think the worst is over for this reading. For nearly two months, we’ve been chronicling calls from...

Why the stock market has gotten so expensive: Morning Brief

Monday, June 22, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET.  Subscribe High valuations appear justified, but beware the ‘wildcards’ As of Friday’s market close, the S&P 500 (^GSPC) was up 41% from its March 23...