Independent thinking for complex markets and current events
via notayesmanseconomics The twist and turns of economic activity so far in 2026 have impacted the Euro area but let me start with something that feels like the tide coming in. Put like that, it sounds like we are introducing the digital euro as a defensive measure against something or someone. That isn’t really correct. …
They were promised mobility. They got a wall. The class of 2025 is walking into a labor market that is not just cold, it is punishing. Sherwood News reports: “The unemployment rate for recent college grads (aged 22 to 27) rose to 5.8% in March, the highest level in nearly four years.” That breaks the …
by David Haggith The United States Department of State announced today it is preparing to evacuate its embassies in Iraq, Kuwait and Bahrain. The reason given is that Iran said it will attack those embassies or other US bases in the Middle East if the US attacks its nuclear facilities. The move to clear the bases, then, …
Gen Z will never afford homes. With 30-year fixed mortgage rates hitting a staggering 7.5%, and home prices soaring beyond the 2006 housing bubble peak, the American Dream is dead for many. Even in the most affordable states, households need over $100,000 annually, while in Hawaii, California, and Massachusetts, it’s over $240,000. It’s a stark …