- WARNING FROM GOLDMAN: Goldman Sachs expects home values to worsen through 2023. However, there are four U.S. cities the firm believes will suffer the most catastrophic dips, drawing comparisons to the 2008 housing crash…(Fox Business)
- WHAT ABOUT RENTERS: The Biden administration announced a new set of actions on Wednesday intended to protect renters and help curb rental costs…(AXIOS)
- A PROBLEM WITH MACROECONOMICS: Tyler Cowan writes about the problem with macroeconomic forecasts…“it is not just a matter of intervening surprises, which inevitably confound all attempts to apply science and social science. It is that we economists are not sure which model to consult in the first place…”(Bloomberg)