| | Economy & Markets' Weekly Digest | A busy week around the Economy & Markets corner, as Harry broke down what higher debts do to bond rates – a bit of run-off from Dr. Lacy Hunt's presentation at the Irrational Economic Summit earlier this month – then flipped the script to look at the murky future of real estate. Did you know that surveys show 55% of homebuyers must make substantial financial sacrifices to buy a home these days? Not good. Harry will tell you how to position yourself in that environment. Meanwhile, Texas resident Rodney's attention has rightfully been on the Astros' World Series big, though things haven't gotten off to too good of a start for the Houston nine. Still, there's a lesson to be learned in that team's success through an unconventional channel: the Houston retail king known as Mattress Mack. Thanks for reading. VISIT ECONOMY & MARKETS » This Week in Economy & Markets... Many Democrats really want to impeach President Trump. According to a Pew Research poll conducted after the latest round of Democratic debates, 40% of Democratic respondents said that beating Donald Trump was the number one issue in the upcoming election. It's not domestic policies, not foreign policy, not protecting any class of people, but simply... There's one thing that is always true: Most people are not good investors. They buy the most near a long-term top and they sell the most near the bottoms that follow. We have lived in a rare period since World War II wherein housing was first boosted by the first middle class generation (The Bob... My family moved a lot when I was a kid. In our travels, we spent a couple of years near where I live now, on the Texas coast south of Houston. Back then, we lived on the beach where cable was something you could only dream of. We spent this part of our youth flipping... The only Phd economist I allow to speak each year at the Irrational Economic Summit is Dr. Lacy Hunt. (You can watch his presentation from this year's conference here.) Lacy can take that complex science and still see the forest for the trees. He can still find reality from all of that great theory to... | | | |
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