In another possible sign of housing market recovery, framing lumber prices have been rising lately and reached $347 per 1,000 board feet last week, which was the highest level since early May 2010 (see blue line in chart). And except … read more
Louisiana Governor Bobby Jindal, a possible 2016 Republican presidential contender, is on to something when he says Republicans must rethink their approach to financial reform. For one thing, the Obama-Dodd-Frank law probably doesn’t prevent future bailouts of large financial institutions. … read more
