America’s leadership decided to do it again. American regulators are pushing weak borrowers into home-ownership again just like the 00s housing bubble but via a different method. This will place people with little to no equity into homes they cannot afford long term as nothing more than renters but with a different designation. The generous…
Author: Henry Delacroix
The Return to Work Battle
Covid accelerated the trend of work from home in America. In the name of safety, the percentage of employees working from home jumped to 18%. It was a status thing, not just a covid safety measure. Not everyone enjoyed the flexibility. The interest group hurting now due to this change is a powerful lobbying group,…
Zombie Facebook, Reborn Twitter
Musk owns Twitter now. It is his baby. Maybe more like a step-child, but he molds it now. There have been changes. It is exciting to consider what comes next. It’s refreshing in comparison to what has felt like a static social media landscape. The fun comparison is to Facebook, which plods along and one…
Voters & the Vexing Problem
It was a weird election. Forget the vote oddities. After two years of rising crime, lockdowns, woke hysterics, inflation and nuclear brinksmanship, it was set up for a vote of no confidence for the ruling party. It did not happen. Some of this can be blamed on candidate quality and vote harvesting but a problem…
The FED Made This Trap
The pundit class writes often about this FED tightening cycle. The latest twist has been that the hikes around the world have caused dislocations or problems, and a change must be made. The bank of England stepped in and caved to pressure to bail out its bond market. The UN called for a stop to the…
Rewarding Your Base
The recent student debt forgiveness announcement has trickled through the news cycle down to the masses. It irks losers or those who do not benefit while pleasing the millions of Americans with current student debt balances. It also helps the entire university system by reducing debt loads to layer on more debt, set a precedent…
Top Gun: Comfort Nostalgia
If a film makes a billion dollars and is not Disney-Marvel crap, it is a pop culture moment. Beyond just the normal reviews, political pundits jumped into the popcorn movie film review waters. When my teenage son asked me to go see Top Gun: Maverick, I told him he could be my wingman. We watched…
The Recession Is Coming
The Fed stated repeatedly in interviews that they were going to do everything to rein in inflation. This put a recession on the table. The Goldilocks soft landing or muddle through option is the dream, but it is hard to look at data and see it as an emerging reality. Whether Thursday’s GDP report confirms…
Inflation’s Got Legs
The FED decided to hike rates up 50 basis points and all signs point to more hikes. The interviews FED figures provide the public point to this being their priority. Problem is inflation has a runway now and will continue despite their rates hikes. The double whammy is that America continues to run up huge…
Call Corporate Bluffs
The mouse was trapped. Many writers used a variety of plays on mouse and punishment for the actions of Gov. DeSantis in Florida and his actions against Disney. Like so often in our political commentary world, the focus was on a Republican using state power to change the economic conditions for a corporation. This is…
The American Sun 