Economic Statistics Are Stuck in Neutral, But for How Long?

Published on August 17, 2026

US existing home sales fell a little in July, according to data released last week by the National Association of Realtors. But what really stands out when one looks at the numbers is how little they’ve changed over the past three years. This July, homes were selling at an annual pace of 4.06 million. In July 2023, it was 4.08 million.

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The $300 Billion Blind Spot: Consumer Healthcare Financing Is the Next Credit Story

August 17, 2026
Patients need financing that is approved on the spot and fits the cost and timing of their specific procedure. This is the gap that a newer class of lenders — including CareCredit, Affirm, Sunbit, and Cherry — has been built to fill. The growth of buy now, pay later healthcare financing over the past two years reflects how quickly demand has caught up with supply.

A Market Ahead of Its Economy

August 17, 2026
Today’s market does not represent today’s economy. The ratio of market value dependent on future economic activity versus present activity has never been higher. These companies have earnings now, but those earnings stem from investments in the future, not present consumption.