Author: DailyWestern

by Calculated Risk on 1/05/2026 02:51:00 PM Today, in the Calculated Risk Real Estate Newsletter: Update: The Housing Bubble and Mortgage Debt as a Percent of GDPA brief excerpt: Three years ago, I wrote The Housing Bubble and Mortgage Debt as a Percent of GDP. Here is an update to a couple of graphs. The bottom line remains the same: There will not be cascading price declines in this cycle due to distressed sales.In a 2005 post, I included a graph of household mortgage debt as a percent of GDP. Several readers asked if I could update the graph.First, from…

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Serie A7:45 PMJanuary 4, 2026Regular Season – 18Giuseppe Meazza StadiumReferee: Marco Guida, Italy Copy and paste this HTML code into your webpage to embed. Inter World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Bologna World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Turn off spoiler to view match statistics3.15Expected goals (xG)0.85Passing386 (85%)Accurate passes264 (80%) Turn off spoiler to view match events 13 G Federico Ravaglia 8.3 22 D Charalampos Lykogiannis 89′ Roughing 83′ 6.7 26 D Jhon Lucumi 6.0 14 D Torbjørn Heggem 6.2 2 D Emil Holm 6.3 19 M Lewis…

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There was real uncertainty entering the season, and even deep into the fall, about how Brad Stevens might view the Boston Celtics’ position in the league. As Brian Robb of MassLive explains, it wasn’t obvious whether the team president would approach the trade landscape as a buyer looking to add talent or a seller focused […] The post Celtics run signals Brad Stevens should pursue additions appeared first on TalkBasket.net.

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FOX Weather Meteorologist Haley Meier breaks down the latest on the next round of winter storms expected to make an appearance in the northern U.S., as a fast-moving clipper could bring 1-3 inches of snow to various areas.Starting early this week, a clipper system is expected to move through New England, bringing yet another round of snow to parts of the northern U.S. that have already had their fill so far this winter.Light snow is expected to fall across much of the Northeast, including upstate New York, Vermont and New Hampshire, before moving into Massachusetts, Rhode Island and Connecticut, according…

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Apparently the U.S. intervention in Venezuela to stop drug trafficking, despite the arrest and arraignment of Venezuelan President Nicolás Maduro on narco-trafficking charges, really was all about the oil. U.S. President Donald Trump mentioned oil more than two dozen times in his Saturday press conferenceand said that the United States would now “run” Venezuela to extract its mineral riches in order to compensate U.S. firms for losses incurred in prior expropriations in the 1970s and 2000s. He told reporters over the weekend on Air Force One that he had consulted with U.S. oil companies—though not Congress—before and after the strikes…

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0:37Intro. [Recording date: December 9, 2025.]Russ Roberts: Today is December 9th, 2025, and before I introduce today’s guest, I want to encourage you to vote on your favorite episodes of 2025. So, go to econtalk.org. You’ll find a link there to our survey; and vote. Thank you, and thank you for listening.My guest today is Anna Gát. She is founder and CEO [Chief Executive Officer] of Interintellect, which is described as an intellectually and politically open conversation platform where attendees, community members, and event hosts come together to think through the most important ideas of our times. She hosts the…

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Catch up with all the action from Egypt vs Benin in the Africa Cup of Nations Round of 16 Egypt booked their place in the Africa Cup of Nations quarter-finals after extra time with a 3-1 win over Benin. It was a nervy end to the game, with the underdogs grabbing a late equaliser, but two goals in the extra 30 minutes – including from Mohamed Salah, was enough to seal the win. The first half was scrappy and stop-start, with several fouls and injuries disrupting any rhythm. Egypt saw early efforts from Salah and Omar Marmoush blocked, while Benin…

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Millions of Americans will experience temperatures 20 to 30 degrees above average this week, with 28 record highs already set on Sunday. This warm-up will bring increased moisture and expand Eastward to New York and even parts of New England. Heat is on the rise once again, with more than 240 million Americans facing temperatures 20 to 30 degrees above average this week.A strong ridge of high pressure over the Plains is expected to challenge more than 60 record-high temperatures as it pushes heat from the Southern Plains into the Southeast, Great Lakes and Mid-Atlantic by Friday. High temperature departures…

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BELGRADE – The Minister for European Integration Nemanja Starović expressed his conviction that 2026 will be a good year for Serbia’s European integration and that the political deadlock caused by the non-opening of cluster three will be overcome, assessing that the best solution would be to consider the accession of the entire Western Balkans region to membership. “On January 1, the Republic of Cyprus began its presidency of the Council of the European Union. Cyprus is very well-disposed toward us, a friendly, I dare say, and brotherly country, and I believe it will give an additional tone and impulse so…

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Official statistics suggest the country is below recent business cycle peak. Figure 1: Russian real GDP, n.s.a. (blue), seasonally adjusted by author using X-13 in logs (red),  using multiplicative seasonals (green), and 4 quarter moving average (tan). Source: IMF, IFS, and author’s calculations. I’m using a loose definition, based on GDP. Since the Russian Federation does not publish a seasonally adjusted quarterly series for real GDP, I have seasonally adjusted using Census X-13 (with log transform, X-11 ARIMA) and multiplicative seasonal adjustment, applied to aggregate GDP. I also plot the 4 quarter trailing moving average. Note that while output is…

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