Managing Editor/Co-Founder of Global Economic Intersection
Contributor's Links: Global Economic Intersection
John Lounsbury is the managing editor and co-founder of the Global Economic Intersection. Global Economic Intersection ( focuses on the economic effects on finance, investing, social interactions, and politics/public policy. It features ...more


January 2020 Headline New Home Sales Improved?
The headlines say new home sales grew month-over-month - but the three-month rolling average growth declined.
Crash Of '29 And The Catastrophe That Followed
On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day.
August 2019 Headline New Home Sales Improved And Best Year-To-Date Since 2007
The headlines say new home sales improved month-over-month. Median and average sales prices were significantly up.
September 2018 Headline New Home Sales Significantly Slows
The headlines say new home sales fell off a cliff. Median sales prices were little changed - but the backlog of unsold homes grew with over 7 months of supply.
August 2017 Headline New Home Sales Again Decline
This month the backward revisions were mixed, but the rolling averages significantly declined.
February 2017 Headline New Home Sales Improve And Above Expectations
The median sales price for homes declined. The rolling averages declined. However, the data was above market expectations.


Latest Comments
Zurich Turns The Euro Into Swiss Cheese
8 years ago

I have updated the original article to include the comments below.

In this article: EWL, FXF, FXE
Zurich Turns The Euro Into Swiss Cheese
8 years ago

Thanks for you comments, Moon and Jack.

@Wall Street Jack: You point out a significant omission from my article - I discussed only macro issues and did not mention the micro turmoil as several broker firms in the forex space were wiped out because they were not hedged against the vicious swing in the Swiss franc and related large ripples in other currencies.

I am seeing lots of articles, from bloggers, financial pros and academics warning of potential for major economic damage from this action. It has been compared to the Lehman collapse and the Nixon killing of the remnants of the gold standard. I don't see that type of contagion. You can (and I know Moon will) point out my foolishness if I turn out to be wrong in this assessment. :-)

In this article: EWL, FXF, FXE
1 to 2 of 2 comments




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Work Experience

Founding Partner and Managing Editor
Econintersect LLC
April 2010 - Present (13 years 5 months)
Premier global economics and financial news, analysis and opinion website.
Unicity International
June 1998 - Present (25 years 5 months)
Network marketing
Proprietor Owner
John B. Lounsbury, CFP
June 2001 - December 2015 (14 years 9 months)

Specializing in financial planning and investment management for a select group of families.

Financial Planner
Lear Financial Services Corp.
July 1992 - June 2001 (9 years 1 month)

Provided financial planning services and investment advice.  Was a Licensed CFP.  Held Series 6, 7 and 63 NASD Securities licenses.  Was Associated as a registered rep with MONY Securities.


Illinois Institute of Technology
1960 / 1965
Chemistry, Physics Activities and Societies: IBM Fellow
Columbia University in the City of New York
1957 / 1958
Chemistry Activities and Societies: Eugene Higgens Fellow
University of Vermont
1953 / 1957
Chemistry, Mathematics Activities and Societies: Sigma Phi and Phi Beta Kappa