Economic Report Archives - Page 9 of 10 - Mortgage and Refinance Broker, Queens NY

Are Higher Rates Good News?

November 29, 2016 The biggest news with regard to the markets since the election has been the spike in long-term interest rates. The stock market has been rising as well, but there seems to have been a greater reaction on the bond market side. First, before anyone pins these trends to the surprise results of […]

Thanksgiving Day 2016

November 22, 2016 Thanksgiving arrives this week. Every year, this is the day we reserve for giving thanks. Certainly, in our country we have much to be thankful for. We are one of the richest countries of the world when you measure by per-capita income, and perhaps the richest when you measure per-capita income against […]

It is Over

November 15, 2016 Whether your candidate won or lost the election, we think we can speak for most by saying that we are glad the election is finally over with. It seems like the election season went on for years, instead of months. Now it is time for us to move beyond the many levels […]

The 2016 Presidential Election

November 8, 2016 Last week we spoke of “the really big shew” and today is the headline performance — The Presidential Election. First, let’s do a review of the preliminary acts. On Monday of last week, we had a release of the personal income and spending numbers. While they were in line with expectations, the […]

A Really, Really Big “Shew”

November 1, 2016 For those of you who are old enough, you might remember Ed Sullivan starting his weekly broadcast with “We have a really big shew tonight.” Well, when he said it, show did sound like “shew.” Ed Sullivan was the venue that featured Elvis Presley, the Beatles and countless other acts for a […]

From Event to Event

If you were looking for a respite in the markets after the meeting of the Federal Reserve’s Open Market Committee, you would be disappointed. This week the jobs report for September is being released, the first big news of the last quarter of the year — though it is based upon third quarter numbers. Because […]

Typical Jitters

Seems like it happens often when a meeting of the Federal Reserve Board is coming. The markets analyze all the data, and declare that the rate hike is not likely. Then the closer we get to the meeting, the more the markets get jittery by thinking that a rate hike may take place anyway. This […]

The Election Rhetoric Heats Up

As one would expect, as the date of the presidential election draws near, the words are heating up from both sides. And while we don’t take sides with regard to these words, we must point out that these heated exchanges can affect the performance of the markets. Certainly, strong statements can affect consumer behavior. For […]

Economic Commentary 08-16-2016

The Dogless Days of August The dog days of August are a time when everything slows down. People are on vacation and those who stay home are moving slowly because it is so hot. But not this year. This August, there seems to be no letup in the markets and the news. Do you want […]

Economic Report – 7/11/15

Economic statistics indicate the economy is producing over two millions jobs per year. The continuing rise in these statistics raises the question as to when the Federal Reserve will increase interest rates. The Federal Reserve directly controls short term rates but only indirectly affects long-term rates through their actions. It is possible that the Fed […]