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Boomers control the housing market, and their enormous equity will keep them in place: Whitney

Baby boomers now own a majority of U.S. homes and have the financial means to stay where they are, keeping the housing market stuck for the foreseeable future, according to top Wall Street analyst Meredith Whitney. The CEO of Meredith Whitney Advisory Group, whose prediction of the Great Financial Crisis earned her the moniker “Oracle of Wall Street,” pointed … Read more

Trump’s own contradictions on his tariff plan could lead to enormous consequences for Americans

President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates negotiated internally within the U.S. government … Read more

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