Germany's AfD National Support Hits Historic High; CDU Slumps To Record Low

Despite Tumbling Rates, US Home Price Acceleration Slowed In January US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices). After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)... Source: Bloomberg This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023. "Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...

Stay-At-Home Subsidies Won't Produce A Baby Boom Authored by Thomas Savidge via The Daily Economy, Over Labor Day weekend, amidst Americans' attempts to enjoy the waning days of summer, The New York Times published an article titled "Trump Officials Draft Plan to Pay At-Home Parents, Using Funds for Working Ones." Per the story, the administration's proposal would use funds from the Child Care and Development Fund (CCDF), which subsidizes daycare for working parents, to pay stay-at-home parents for their at-home childcare. My family could potentially qualify for the payment, but my wife...

If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more uncertainty and leading to bad choices.