Today's Commentary · October 23, 2026

Oct. 23: LO jobs; Company valuation, equity, friction audit, vendor mgt., borrower communication tools; Lender merger; What EO does or doesn't do

“A boiled egg is hard to beat.” What does $10.06 buy you, on average, in Honolulu? A dozen eggs. (It also buys two gallons of unleaded.) High prices and rates are impacting potential borrowers and voters alike, and there’s nothing our Fed can do about it. On the Fed front it’s been relatively quiet, aside from President Trump’s accusations of criminal wrongdoings by ex-Chair Powell being dismissed. There is, however, a Federal Open Market Committee meeting next week. Did you know that there is a...