Happy Holidays!

Hello everyone! Happy Holidays! Thank you for your interest in the blog. I wish for each of you a relaxing and rejuvenating holiday season. Jason

Update on economic data

Several economic data points have been rolling in over the last several days… New Home Sales: Sales of new single-family homes fell 11.3% in November; the lowest figure since April. Economists had expected a drop of 1.2%. Uh, clearly that’s a lot worse...

Incursion by Iran into Iraq

Happy Saturday everyone! You may have heard yesterday that a small contingent of the Iranian Revolutionary Guard Corps went into Iraqi territory and seized an oil field. Iran is officially denying the story. Meanwhile, the Iraqis first reported, then denied, then...