Bruce Hall: Rubio has a good grasp of both cooperative and adversarial relationships. Bruce Hall says Rubio is not very intelligent at all. The Census Bureau estimates that Net International Migration (immigration minus emigration) could turn “negative�.

CPI Inflation at 0.69% Year-on-Year, Mid-Month February(?) Bruce Hall: Rubio has a good grasp of both cooperative and adversarial relationships and what is needed to navigate them. The fact is that the US native born population is in serious decline. Rubio is not very intelligent at all. He tried to stand up to trump, got trounced, and pleaded his way back into the cabinet. Douglas and Heather Boneparth discuss their new book Money Together. They discuss the challenges couples can face discussing their finances. They also discuss why marriages with joint checking accounts tend to last well. The annual benchmark revisions of nonfarm jobs in 2024 and 2025 much weaker than previously reported: the annual benchmark revision. The revisions had the effect of reducing two-years worth of. nonfarm payroll growth by 1.03 million jobs as of December. The average benchmark revision is 0.2 percent. This years came in at -0.6% which is higher than usual, though not extreme. Wolf Richter does a great job relaying factual data, but a lot of news/info is filtered thru biased lens. Some students do well despite the system, not because of the system. Multiple alternative options become available, allowing the child to be paired with the option that makes the most sense for them. Children are able to go at the right pace for each subject, meaning theyre neither held back nor left behind. Parents can tailor content to the individual interests. The NAR is now reporting existing home sales much earlier in the month than in previous years. This year, they plan to report May sales on June 9th - a full 2 weeks earlier in June. Sales in almost all of these markets are down compared to December 2019. NAR reported sales up 4.9% YoY NSA in December, and my guess - based on this data - is that the NAR will revise December sales down slightly (possibly due to the earlier reporting schedule). New listings in these markets were down 3.7% year-over-year. Employment at all levels of government sank by 42,000 in January and by 166,000 since the beginning of 2025. But private sector added 172,000 jobs in January, the most in over a year. The Fed should keep its eyes on private sector jobs for its monetary policy decisions. The Census Bureau estimates that, with current trends, Net International Migration (immigration minus emigration) could turn “negative” in two years. China has more industrial robots than the rest of the world combined, says William McDonald. CS is the best occupation remuneration wise, says Wolf Richter. Medical fields will see increasing demand. Anything that has actual human interaction involved involved will be in demand. As a non-capitalist (in a hyper capitalistic environment) I have often questioned how much growth is needed. Jobs in Construction, Utilities, Leisure & Hospitality, and Other Services all surged to all-time highs. Manufacturing is all about automation. Immigration Raids in South Texas are starting to hit the economy. Businesses are struggling to find workers, farms are going unplanted, and the economic toll of mass deportation is becoming impossible to ignore. A whistle-blower has accused Tulsi Gabbard, the director of national intelligence, of blocking distribution of a report. Barry L. Ritholtz is the co-founder, chairman, and chief investment officer of Ritholz Wealth Management LLC. The commentary in this “post” reflects the personal opinions, viewpoints, and analyses of the employees providing such comments. The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.4% annual gain for November. Chicago leads all cities for a second consecutive month with a 5.7% year-over-year price increase, followed by New York at 5.0% and Cleveland at 3.4%. Inflation adjusted house prices 2.4% below 2022 peak. House prices in real terms are 10.1% above the bubble peak. In real terms, the Case-Shiller National index (SA) is about 10.6% above bubble.