Obama Exits, Stage Right Left As the 2016 stock market rout deepens (the Dow is down over 400 pts. so far this am), shell-shocked investors are all wondering: when will the pain stop? Unfortunately, it’s not clear to me that it will be anytime soon. That’s because markets hate uncertainty, and the biggest uncertainty hovering...Read More
Back from North Dakota One of the biggest constraints on new construction the last several years has been a shortage of skilled labor. Thanks to the fracking boom, thousands of workers once employed in home construction decamped for greener (blacker?) pastures elsewhere. With the now-accelerating bust in energy prices, that exodus might now reasonably be...Read More
