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Bubbles R-Us

Bubbles R-Us

The Wall Street Journal today brings word that a professor Efraim Benmelech of the finance department at Northwestern University thinks the Fed is hurting housing and the consumer too much. Opined he, ...those higher interest rates are making mortgages more expensive...

Growing Number of Americans Say US Is Giving Ukraine Too Much Aid

Growing Number of Americans Say US Is Giving Ukraine Too Much Aid

As the war in Ukraine nears the end of its first year, Americans are starting to believe Washington is sending too much support to Kiev. Pew Research conducted a poll in January and found the proportion of Republicans that are opposed to the current level of assistance is now at 40%. The US has pledged well over $100 billion in aid to Kiev, mostly in arms and other military equipment.

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