The Economy Is Still Very, Very Weird
It’s the most important economic lesson of the decade: What goes up must come down (and what’s gone down will probably go up again).
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So, maybe I should start with an apology. Since the coronavirus pandemic began, my economic analysis has devolved into what I imagine must be a frustrating theme for readers: Everything is just weird, okay?
I said the rental market was . I said home sales were being . I said consumers were being too. At one point, I threw up my hands and cried uncle by saying we live in the “,” hoping to save myself some time. Then calls for a recession came pouring from the heavens, and I was forced too.
