Mindblown: a blog about philosophy.

Yes, the market is superconcentrated, and Nvidia is critical to the entire market edifice. But stocks aren’t as expensive as they might appear.

The good news is that new-home sales in June ticked up slightly compared to May. The bad news is they’re still running at a significantly lower pace than a year ago. According to the monthly report released Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD), new-home sales…

Sales of newly built homes remained slow in June, sending inventory higher and relieving pressure on prices. Signed contracts for new single-family homes were at a seasonally adjusted annual rate of 627,000 last month, up 0.6% from May but down 6.6% from a year earlier, the U.S. Census Bureau reported Thursday. The median sales price of new…

The median sales price of a newly built home was down 4.9% to $401,800 in June. – Justin Sullivan/Getty Images As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down. The median sales price of a new home in June was $401,800, which was about 5% lower than…

Email Sign Up For Our Free Weekly Newsletter High Mortgage Rates Weigh on Homebuyers in Mid-2025 New U.S. home sales ticked up marginally in June 2025, underscoring continued fragility in the housing market as high mortgage rates, affordability constraints, and macroeconomic uncertainty keep many would-be buyers on the sidelines. Sales of newly built single-family homes…

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.

The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.