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Housing market won’t bounce back until 2026, economists predict — here’s why

A team of Wall Street economists has predicted that the US housing market won’t “break free” until at least 2026, and home affordability won’t improve unless there’s a recession. Bank of America economists cited “temporary changes” in demand during the pandemic as the reason for their less-than-optimistic outlook. “Housing activity has declined and stabilized after […]

16 Nobel Prize-winning economists warn Trump policies will reignite inflation

Sixteen Nobel Prize-winning economists signed a letter on Tuesday warning that the US and global economies would suffer if Republican presidential nominee Donald Trump wins this November’s presidential election. The co-signed letter reads: First reported by Axiossaid Democratic President Biden’s economic policies are “far superior” to those of former Republican President Donald Trump, who is […]

A Tough Year For Economists, A Great Year For Investors

It has been said, that if you could place all the economists in the world end to end, that would be a good idea.  In that position, they might have been more useful than they were in 2023. While it has been a wild ride, in 2023, in the end, it has been a good […]

Why are economists MIA on today’s biggest fiscal catastrophes? 

Not long ago, economists debated in public over basic economic policy questions. Most important in the discussion was a conflict over fairness and efficiency. Efficiency drives economic growth and overall prosperity. Equity deals with how much of people’s income should go to the less fortunate. In general, an increase in capital risks a decrease in […]

Economists weigh pros and cons of Trump plan for 60% tariff on China

Dan Savikas, policy director for the Taxpayer Protection Alliance, spoke to FOX Business about former President Trump’s proposed 60% tariffs on Chinese imports and how the tariffs would affect U.S. consumers. Depending on who you ask, former President Trump’s plan to “Tax China to Grow America” ​​is a necessary measure to protect the American economy, […]

Baltimore bridge collapse: Economists predict inflation ‘pinch’ for Americans

Louis Campion, president and CEO of the Maryland Trucking Association, spoke on “The Bottom Line” about the impact of the Francis Scott Key Bridge collapse on trucks and transportation routes. Economists said the collapse of Baltimore’s Francis Scott Key Bridge continued to disrupt local shipping and maritime traffic on Thursday, leaving Americans in a “pin-itch” […]

Economists predict much stronger growth in 2024. Here’s why

Scott Radner, chief investment officer at Horizon Investments, expects the Fed to cut interest rates three to five times in 2024. A group of influential business economists is expressing more optimism about the trajectory of economic growth. us economy In 2024. The latest research from the National Association for Business Economics (NABE), released Monday, predicts […]