Max Murray
@SageEconomics
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Economist | Edmund Burke Conservative | Raconteur | 🏴🏴🇺🇸
Based out of Saint Louis
Joined February 2021
The Economist’s Quill. The very public feud between Donald Trump and Jerome Powell has been a Washington spectacle since day one. Trump, ever the showman, blasted Powell for keeping interest rates high, calling him an "enemy" worse than foreign leaders. Trump even penned a
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🚨 Breaking: June housing starts rebound 4.6% to 1.32M annualized, topping forecasts after May's slump. But it's a tale of two markets: multifamily surges 30%, while single-family drops 4.6%. High interest rates and inventory glut are biting hard. #EconWatch #RealEstate
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Whispers on Wall Street say the Federal Reserve's $2.5 billion headquarters renovation scandal, where costs ballooned by a staggering $700 million on lavish upgrades like state-of-the-art security, are fueling President Trump's rage. Trump is declaring Fed Chair Jerome Powell as
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Biggest story for you to know in economics for July 17 (today) is U.S. retail sales surged 6% in June 2025, exceeding expectations and driving stock markets to record highs amid strong consumer spending and a resilient labor market. 😎#EconomyWatch #RetailSales.
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RT @SageEconomics: 🚨Breaking: Today's industrial production number is a pleasant surprise. Hurray!. Recall, followers, that I argue Industr….
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Amid yesterday's data dump, the MBA 30-Year Mortgage Rate edged up to 6.82% from 6.77%. We should not overlook this important data point. For a median US home at $422,800 with $20K down, your monthly payment at this rate hits ~$2,631, excluding taxes/insurance. The 30-year
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RT @unusual_whales: 77% of U.S. adults say they are not completely financially secure, up from 75% in 2024 and 72% in 2023, per Bankrate.
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🚨Breaking: U.S. Retail Sales for June surged 0.6% month-over-month, smashing Wall Street’s 0.1% forecast!. Retail Sales metric tracks consumer spending on goods and services, like cars, clothes, and dining out, serving as a key gauge of economic health. Despite tariff-driven
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🚨 Breaking: Today's report shows U.S. import prices rose 1% month-over-month, defying Wall Street's modest 0.3% prediction. The Import Prices metric tracks the cost of goods entering the U.S., a key driver of inflation affecting everything from groceries to gadgets. Amid
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RT @LizAnnSonders: Looking at transcripts of S&P 500 companies, mentions of inflation—as of June—were at their lowest since January 2021 pe….
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In a recent ruling, U.S. District Judge Sean Jordan overturned the Consumer Financial Protection Bureau's (CFPB) Biden-era proposal to remove medical debt from credit reports, deeming it beyond the agency's authority under the Fair Credit Reporting Act. The rule aimed to erase.
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Nasdaq is hitting record highs, driven by tech stocks like Nvidia, while the Dow faces pressure from bank stocks and concerns about inflation. Nvidia gained 4.4% after announcing the resumption of H20 chip sales to China. #NASDAQ #StockMarketUpdate
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RT @CultureExploreX: Ticino. It’s Switzerland with Italian seasoning. Palm trees. Colorful villages. Wine by the water. You’ll forget you’r….
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🚨Breaking: Today's industrial production number is a pleasant surprise. Hurray!. Recall, followers, that I argue Industrial Production is *the key macroeconomic indicator* to gauge tariff efficacy because it directly reflects domestic manufacturing strength, which tariffs aim to
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I repost myself.
@JustinWolfers As an economist with a pulse, I firmly believe that Federal Reserve Chairman Jerome Powell’s mishandling of inflation during the Biden administration, particularly his failure to act decisively in 2021 when inflation began spiraling to a 40-year high of 9.1%, warrants his.
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