| August 8, 2025Tim Cook didn’t just walk into the White House with a golden statue — he walked in with a $100 billion insurance policy.This week, Apple announced a massive expansion of its U.S. manufacturing footprint, securing its exemption from Trump’s new 100%...
If you’ve been watching the bond market, inflation prints, or the slow grind in housing absorption, you’ve probably felt it in your gut: something’s off.Wall Street strategists are starting to call it what it is — a slow drift toward stagflation. Not a recession, not...
You probably already know how closely real estate markets track Fed policy. So when President Trump’s advisors began pressing him to install a temporary Federal Reserve governor to fill the vacancy left by Adriana Kugler, I sat up straight. That four-month window may...
| Kaufman DevelopmentAfter another month of data, it’s clear the apartment market is settling into a summer holding pattern.Yes, rent growth has slowed—nationally we’re seeing just 0.2% annual gains, the weakest number in nearly a year. But that’s not the whole story....
Subscribe to my SubstackLast Friday, something snapped.President Trump fired Erika McEntarfer, the head of the Bureau of Labor Statistics, after a weak jobs report showed unemployment rising. That decision, while shocking, was hardly surprising if you’ve been watching...
August 2025 | There’s a growing drumbeat on Wall Street—and it’s not bullish.Morgan Stanley, Deutsche Bank, and Evercore are all waving red flags. They’re telling clients to brace for a market pullback, possibly in the 10–15% range. If you’ve been watching equities...
