April 5, 2022 Between the Federal Reserve raising interest rates and the war in Ukraine, it becomes harder to focus upon the day-to-day economic news which tell us how the economy is reacting to these stimuli. There is no more important economic data than the monthly employment report, as the economy’s ability to produce jobs […]
Read More
December 21, 2021 Thanksgiving and Chanukah are over. Now Christmas, Kwanzaa and the New Year is upon us. The celebration of holidays has certainly changed during the past two years. But the meaning of these holidays have not changed, and before we get into the economics of the day, we wanted to wish our readers […]
Read More
December 14, 2021 During our economic commentaries over the past three decades, we have been consistent in one area of advice – you can never predict the future. Thus, though you will see many predictions by eminent market analysts in our newsletters, we must constantly remind ourselves of this unshakeable maxim. The COVID pandemic represents […]
Read More
December 7, 2021 The start of December is officially the home stretch of the year. This year, we hope it is also the home stretch of the pandemic. For more than a year we have been speculating as to what the post-pandemic world will look like. Will COVID disappear or will it be a manageable […]
Read More
November 23, 2021 We had a strong October jobs report and the Delta variant is fading. Theoretically, this gives us a better chance that the economy’s fourth quarter growth rate will ramp up from the tepid 2.0% performance of the third quarter. But before we declare all systems go for accelerating growth, we do see […]
Read More
November 16, 2021 Don’t look now, but the pandemic has started to wane once again. After cases fell throughout the spring and early summer, the Delta variant pushed cases from a low of just over 10,000 per day to a high of almost 200,000 per day by early September. Now cases have fallen to around […]
Read More
November 2, 2021 Today’s mortgage interest rate reflects a combination of factors such as today’s actions by the Federal Reserve. The Federal Reserve’s Open Market Committee is meeting this week and the decision on whether to taper their purchases of bonds and mortgages will be front and center. The minutes of the Fed’s last meeting […]
Read More
October 26, 2021 The year is winding down, but the economic news will be heating up. In the next week or so we will have the “trifecta” of economic events. First, this week we will see the measure of economic growth for the third quarter. This reading will be especially important because, following two strong […]
Read More
October 19, 2021 If we stay on this course, the Fed will soon start tapering their purchases of bonds and mortgages. Not long after that process begins, they might even start raising short-term interest rates. Well, the government is famous for waiting too long to act and overreacting when they do act. Will this be […]
Read More
September 14, 2021 In March of 2020 when the economy shut down due to the pandemic, few thought we would be dealing with the after-effects one and a half years later. In truth, we could not see the pandemic coming and we did not clearly see the future of the pandemic. As vaccinations have progressed, […]
Read More