August 23, 2022 July was a very important month with regard to the growth of jobs. Not only did the economy add a significant number of jobs – much more than expected – but also, we have now recovered all the jobs lost during the pandemic. The 3.5% unemployment rate is the level we were […]
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August 9, 2022 In a normal year, the real estate markets die down during what we call the “dog days of summer.” The issue is, we have not had anything akin to a normal year in quite a few years. Low interest rates, the pandemic and the ensuing real estate boom eliminated seasonality from the […]
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July 26, 2022 It seems like just a few weeks ago that the Federal Reserve announced they were raising their short-term interest rates by a whopping .75%, with the objective of halting the rise of inflation. If we look back, the last meeting was exactly six weeks ago. And a lot can happen in six […]
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July 12, 2022 Recession. Inflation. Stagflation. All of these words and more were on the line as we saw the jobs report last Friday. Reported a little later this month because of the July 4th holiday, the anticipation built over the past few weeks. So, how did it turn out? The addition of almost 400,000 […]
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July 5, 2022 The June jobs report will be the first release in a busy, busy month of data and events. With talk of a slowing economy and possible recession on the horizon, the pace of job creation will tell us plenty regarding the present health of the economy. If we produce enough jobs, more […]
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June 7, 2022 Recession – Inflation – Stagflation – Bear Market. All words/phrases that have been bantered about in the past several weeks. The market analysts are looking for any indicator as to where this economy is headed. And there is no stronger indicator than the employment report. As we mentioned, there can be no […]
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May 17, 2022 Lately, market analysts have been predicting a recession in our not too distant future. And right on cue, the first reading of economic growth for the first quarter of the year comes in at a negative 1.4%. Since the general definition of a recession is two quarters of negative economic growth, we […]
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May 10, 2022 The Federal Reserve Board met last week and raised the Federal Funds and Discount Rates by 0.5%. This action was expected and the markets extremely volatile in the last few months in anticipation of such a move. After the meeting, the markets resumed their volatility, especially with the jobs report coming two days […]
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