President Donald Trump narrowing his choices to replace Fed Chair Jay Powell to three or four names, saying he'll announce his nominee a little earlier than initially expected. Joining us now is the former economic adviser to President George W Bush, Mark Sumlin. Mark, of course, your name has been in the mix as well over the past week or so.Welcome to the program. Let's just start with the base case, the case for rate reductions. Mark, what do you think the strongest case there is right now.Right. I think ...

The New York City Council approved the rezoning of a 42-block section of Manhattan, paving the way for the development of more than 9,500 new housing units https://t.co/HqODWpHLVW ...

Because it is time for the bond report. It is time for the aforementioned Rick Santelli. Rick, you just heard Steve Leeman comment about the Fed and bond market.What say you. I say that the short end of the market is probably going to get a rate cut or two before the end of the year and that indeed will help. But let's put it in the bigger context.What everybody's really thinking about here. Do you think credit cards that are in the mid 20s, 25%, how much are they going to come down. Housing.Housing is prob ...

for you mentioned mom Donnie and you are in New York sort of talk speaking in behalf of him to a certain extent you know I wonder though uh often we see this and this is a local election uh New York does not operate in a vacuum it competes with other cities and so this idea of somehow raising taxes on the wealthiest New Yorkers who by the way I would point out pay roughly 15% of their income right now between city and state raising taxes on them will simply drive them away shouldn't the focus of a mayor be ...

The last word with Jonathan Kart in for Lawrence starts right now. Hey. Hey, Jonathan.I almost said Lawrence. Hey, Jonathan. Lawrence.Jonathan. Look, I'll take it. Being called Lawrence is like a is not like it is a high compliment.I'll take it. Totally. Yes.Well, there you go. I would be happy to be called Lawrence, too. So, I will I'm glad you're taking it as a compliment.Yes, ma'am. Go enjoy the rest of your evening. Thank you so much.Have a great show. Thank you, Jen. Tonight, Donald Trump is changing h ...

Market Trend & Outlook - Piper Sandler's technical analysis indicates the market trend is still higher, targeting 6,600 for the year-end objective [4][5] - The market is making new highs despite some negative sentiment and down AI numbers, suggesting a "hated market" [5][6] - The S&P 500 has broken out to all-time new highs, contrasting with previous concerns of a potential breakdown to 2,000 levels [3] Valuation & Market Structure - Valuations matter, but the market has been shrinking with 20%-25% fewer stocks due to share buybacks [7] - The pool of available equity has decreased from 8,000 to about 3,800, while the amount of capital has increased [9] - Historical price-to-earnings ratios may not be as relevant due to the shrinking market [8] Cyclical Stocks & Housing Market - Cyclical stocks, including homebuilders like Horton (better-than-expected results), LAR, BLD, and BLDR, are showing constructive patterns and reversing downtrends [11][12] - Housing numbers are good, suggesting a stronger consumer environment than people are thinking [10][12] Commodity & Industrial Signals - Copper is breaking out to an all-time new high, signaling a healthy economy and a meaningful pickup in the industrials [12][13]

From @WSJopinion: If we fail to act on housing, millions of young Americans will lose their best chance to build wealth. Their families and communities will be worse off, and so will the country, writes William Galston. https://t.co/TmwUrufrjF ...

This French Region Is Offering €1 Houses https://t.co/H9KlSr8KU9 https://t.co/H9KlSr8KU9 ...

This French Region Is Offering €1 Houses https://t.co/fVtr96Jcu3 https://t.co/stZ6W2SVll ...

Recidivism & Re-entry Challenges - The industry acknowledges the high recidivism rate, with 70% of individuals returning to prison within 3 years of release [5][6] - Lack of opportunities, including employment and housing discrimination due to criminal records, contributes to re-entry difficulties [2][3] - The industry recognizes the sense of hopelessness and anxiety experienced by formerly incarcerated individuals due to societal expectations and internal struggles [4][5] Importance of Opportunity & Support - Meaningful opportunities are crucial for successful re-entry and reducing recidivism [6] - Fair opportunities should not be based on chance or luck but should be actively created by communities [24][25] - Community support, including employment and housing, plays a vital role in the successful reintegration of formerly incarcerated individuals [23][25] Overcoming Barriers & Individual Impact - Individuals can overcome barriers with the help of educators, employers, and landlords who are willing to offer opportunities [7][12][18] - The value of a second chance is highlighted through examples of individuals who provided support and believed in the speaker's potential [15][17][20] - Small acts of kindness and acceptance can significantly impact the trajectory of formerly incarcerated individuals and reduce recidivism [25][26]