These double-tops are weird. Prices coming off the second top. Only Miami home prices hit a new high. The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.6% from the prior month, the second month in a row of declines. The index formed a double-top […]
https://pricklypear.news/wp-content/uploads/iStock-1398758283.jpg14142121Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-03-05 00:28:002024-03-05 12:10:36The Most Splendid Housing Bubbles in America, Feb 2024 Update: 20-City Index Drops for 2nd Month from Double-Top.
Christianity Today magazine, founded by Billy Graham, chose Christopher Watkin’s book, Biblical Critical Theory: How the Bible’s Unfolding Story Makes Sense of Modern Life and Culture, as one of its 2024 Book Awards and the book most likely “to shape evangelical life, thought, and culture.” Other Christian organizations promote the book too. Nonreligious readers won’t care, but they need […]
https://pricklypear.news/wp-content/uploads/bible.jpg427640Roger McKinneyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRoger McKinney2024-03-03 00:26:502024-03-01 09:09:55Biblical Critical Theory Is Not Biblical. It’s Watered-Down Marxism
The elephant in the room that no one wants to discuss is that crude oil is the foundation of our materialistic society as it is the basis of all products and fuels demanded by the 8 billion on this planet. World leaders are not cognizant enough to know that wind turbines and solar panels only generate occasional electricity […]
https://pricklypear.news/wp-content/uploads/oil-wells.jpg340504Ronald Steinhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRonald Stein2024-03-01 00:28:282024-02-28 08:18:22Are Policymakers Oblivious to the Importance of Crude Oil, or Are They Intentionally Sending Us Back to the 18th Century?
Editors Note: If you travel much by car, you likely have noticed that gasoline is often cheaper in rural communities, in New Mexico, and Colorado. That is because “special blends” are required for urban areas in Arizona. This is strange because Denver is a large metropolitan area situated in a bowl surrounded by mountains, and […]
Inflation might not go back into the bottle voluntarily, and these mortgage rates – considered low in 1970-2000 – might stick around. The average conforming 30-year fixed mortgage rate rose to 7.0% in the latest week, according to the Mortgage Bankers Association today. The daily measure by Mortgage News Daily has been over 7% for days. These […]
https://pricklypear.news/wp-content/uploads/iStock-1400765650.jpg14222107Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2024-02-26 00:30:242024-02-24 05:46:16Mortgage Rates Rise Back to 7%, Housing Market Re-Freezes, Buyers’ Strike Continues. Prices Are Just Too High
Editors’ Note: Either by accident or design (your choice), the environmental movement and its subsidiary the ESG movement, always seems to tilt the scales towards benefiting China and hurting the US. Whether making us dependent on Chinese-dominated solar panels and windmills, weakening our electrical grid, willfully overlooking the massive use of coal in China, or […]
https://pricklypear.news/wp-content/uploads/iStock-1427006172.jpg12992309Chuck Devorehttps://pricklypear.news/wp-content/uploads/logo_2023.pngChuck Devore2024-02-24 00:26:322024-02-23 06:22:43Bogus ‘ESG’ Group Rates China’s Slave-Fueled Energy Firms Better Than U.S. Oil And Gas Companies
The Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals. Firstly, it must be recognized that it is natural and necessary for society to have an elite. Murray Rothbard wrote about the […]
https://pricklypear.news/wp-content/uploads/iStock-1367730443.jpg8281266Finn Andreenhttps://pricklypear.news/wp-content/uploads/logo_2023.pngFinn Andreen2024-02-23 00:30:142024-02-23 15:44:54WEEKEND READ: The Western Ruling Elite: Its Development and Its Betrayal
When auto (even EV driving) enthusiast Rowan Atkinson – Mr. Bean to his fans – last June wrote in The Guardian that there are “sound environmental reasons” why “keeping your old petrol car may be better than buying an EV,” he was vilified as an eco-traitor. Atkinson had added, “We’re realizing that a wider range of options […]
https://pricklypear.news/wp-content/uploads/ssbean.jpg5861163Duggan Flanakinhttps://pricklypear.news/wp-content/uploads/logo_2023.pngDuggan Flanakin2024-02-23 00:29:032024-02-22 06:20:48Mr. Bean Was Right About EVs And So Was Toyota
It is difficult to find exact historical settings for the inflation set loose by the Biden Administration. However, the similarity with previous periods could be a guide. Among the conditions plaguing us today are: very turbulent domestic politics, large deficits caused by an expansion of the welfare state and 20 years of losing warfare, supply […]
https://pricklypear.news/wp-content/uploads/iStock-1556146183.jpg56558841Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2024-02-22 00:30:422024-02-23 15:36:47Inflation Can Be Difficult To Kill Off
Recent headlines for the January jobs report indicate a robust economy. But a more thorough look reveals challenges for Americans. One recent headline proclaimed “Voters are finally noticing that Bidenomics is working.” But just 30 percent of Americans think the economy is doing well. When asked who would handle the economy better, people give former president Donald Trump a 22-point advantage […]
The Most Splendid Housing Bubbles in America, Feb 2024 Update: 20-City Index Drops for 2nd Month from Double-Top.
/in Arizona News, Economy, Featured, Latest News, Maricopa, Personal Finance/by Wolf RichterThese double-tops are weird. Prices coming off the second top. Only Miami home prices hit a new high. The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.6% from the prior month, the second month in a row of declines. The index formed a double-top […]
Biblical Critical Theory Is Not Biblical. It’s Watered-Down Marxism
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by Roger McKinneyChristianity Today magazine, founded by Billy Graham, chose Christopher Watkin’s book, Biblical Critical Theory: How the Bible’s Unfolding Story Makes Sense of Modern Life and Culture, as one of its 2024 Book Awards and the book most likely “to shape evangelical life, thought, and culture.” Other Christian organizations promote the book too. Nonreligious readers won’t care, but they need […]
Are Policymakers Oblivious to the Importance of Crude Oil, or Are They Intentionally Sending Us Back to the 18th Century?
/in Culture War, Economy, Environment, Featured, Latest News, Liberty, Politics/by Ronald SteinThe elephant in the room that no one wants to discuss is that crude oil is the foundation of our materialistic society as it is the basis of all products and fuels demanded by the 8 billion on this planet. World leaders are not cognizant enough to know that wind turbines and solar panels only generate occasional electricity […]
Bill Allowing Cheaper Blends Of Gasoline Passes Arizona Senate
/in Arizona News, Economy, Environment, Featured, Latest News, Maricopa, Politics/by Cameron ArcandEditors Note: If you travel much by car, you likely have noticed that gasoline is often cheaper in rural communities, in New Mexico, and Colorado. That is because “special blends” are required for urban areas in Arizona. This is strange because Denver is a large metropolitan area situated in a bowl surrounded by mountains, and […]
Mortgage Rates Rise Back to 7%, Housing Market Re-Freezes, Buyers’ Strike Continues. Prices Are Just Too High
/in Economy, Featured, Latest News, Personal Finance/by Wolf RichterInflation might not go back into the bottle voluntarily, and these mortgage rates – considered low in 1970-2000 – might stick around. The average conforming 30-year fixed mortgage rate rose to 7.0% in the latest week, according to the Mortgage Bankers Association today. The daily measure by Mortgage News Daily has been over 7% for days. These […]
Bogus ‘ESG’ Group Rates China’s Slave-Fueled Energy Firms Better Than U.S. Oil And Gas Companies
/in Culture War, Economy, Environment, Featured, Foreign Policy, Latest News, National Security, Politics/by Chuck DevoreEditors’ Note: Either by accident or design (your choice), the environmental movement and its subsidiary the ESG movement, always seems to tilt the scales towards benefiting China and hurting the US. Whether making us dependent on Chinese-dominated solar panels and windmills, weakening our electrical grid, willfully overlooking the massive use of coal in China, or […]
WEEKEND READ: The Western Ruling Elite: Its Development and Its Betrayal
/in Culture War, Economy, Featured, Latest News, Liberty, Politics/by Finn AndreenThe Western ruling elite has become oligarchic in nature; its political and economic influence is disproportionate and even harmful to society. It is necessary, therefore, to review its historical evolution and expose its current goals. Firstly, it must be recognized that it is natural and necessary for society to have an elite. Murray Rothbard wrote about the […]
Mr. Bean Was Right About EVs And So Was Toyota
/in Culture War, Economy, Environment, Featured, Latest News, Liberty, Politics/by Duggan FlanakinWhen auto (even EV driving) enthusiast Rowan Atkinson – Mr. Bean to his fans – last June wrote in The Guardian that there are “sound environmental reasons” why “keeping your old petrol car may be better than buying an EV,” he was vilified as an eco-traitor. Atkinson had added, “We’re realizing that a wider range of options […]
Inflation Can Be Difficult To Kill Off
/in Economy, Featured, Latest News, National Debt, Personal Finance, Politics/by Neland NobelIt is difficult to find exact historical settings for the inflation set loose by the Biden Administration. However, the similarity with previous periods could be a guide. Among the conditions plaguing us today are: very turbulent domestic politics, large deficits caused by an expansion of the welfare state and 20 years of losing warfare, supply […]
America Can’t Afford Bidenomics
/in Economy, Featured, Latest News, National Debt, Personal Finance, Politics/by Vance GinnRecent headlines for the January jobs report indicate a robust economy. But a more thorough look reveals challenges for Americans. One recent headline proclaimed “Voters are finally noticing that Bidenomics is working.” But just 30 percent of Americans think the economy is doing well. When asked who would handle the economy better, people give former president Donald Trump a 22-point advantage […]