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May 13, 2020 | Wisconsin Supreme Court Rules Lockdowns Are Illegal

The Wisconsin Supreme court tossed governor Gov. Tony Evers’ stay at home orders. In a 4-3 Wisconsin Supreme Court ruling, Wisconsin Now Without COVID-19 Restrictions. Conservative justices on the Wisconsin Supreme Court struck down Democratic Gov. Tony Evers’ monthslong stay-at-home order in a ruling released Wednesday. The 4-3 decision marked the first time a state’s highest […]

May 11, 2020 | It’s a Bad Time to Buy a Home

Home are priced for perfection and few can afford them. I expect prices to decline. The National Association of Realtors will not like this post, but home prices need to come down, and they will.Even before the Covid-19 pandemic, home prices were on a trend that was unlikely to continue for long. Median Home Price […]

May 6, 2020 | Job Losses by Size of Company: Who Lost the Jobs?

ADP reported a massive decline of over 20 million jobs. Let’s investigate losses by size of firm. Earlier today I commented ADP Reports 20 Million Jobs Lost: A Disaster Comparison Three WaysThis is a followup on losses and percentage losses by corporation size. Nonfarm Private Payrolls March 2020 Nonfarm Private Payrolls April 2020 Change in Nonfarm […]

May 3, 2020 | Massive Drop in Homebuyer Interest

Homebuyer interest is down amdid rising concerns about seemingly everything. Can virtual tours, phone calls and video conferences replace the real thing?Point2Point conducted a survey of real estate agents and professionals nationwide to find out.So far, the answer is no as Real Estate Agents Assess the Post-Pandemic Future of Homebuying. The bulk of the agents who […]

May 2, 2020 | Spain Seeks Another Bailout as Deficit Skyrockets

Spain needs another rescue. Its deficit and debt violate Eurozone treaty rules. Deficit rule violation is across the board. At least Spain admits it.As translated from El Mundo, Spain Needs a New Era of Adjustment. In simple terms, Spain admits it needs another bailout. This is a Mish-modified translation. An economic collapse is underway. Spain officially […]

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