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, […]
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September 7, 2021 The last two employment reports have been very strong, bolstering consumer confidence and giving the economy some momentum as the summer wore on. Meanwhile, the Delta variant continues to grow providing trepidation concerning the future of the economy as the year wears on. Released on Friday, the August jobs report was not […]
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August 31, 2021 Today there has never been so many factors affecting the economy all at once – and many of these are pushing us in different directions. We have discussed many of these previously. First and foremost, we have COVID. The recession was COVID-induced, and our recovery depends upon the pace of vaccinations and […]
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August 24, 2021 The strong July jobs report caused a stir in the markets. Most notably, long-term interest rates – which were trending down – reversed course quickly. Was this an indicator that the economy is going to pick up steam from here? It should be noted that the rise in rates did not last […]
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Thanks for visiting our Real Estate Investing blog in Queens NY. If you are looking to invest or sell real estate in the Queens New York area, follow our blog articles. August 17, 2021 The one area of obvious strength for the economy during the pandemic has been real estate. We have mentioned many times […]
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August 10, 2021 The first half of the year the economy came roaring back from the COVID-induced recession. Subject to revision, we had the economy growing at a 6.4% annualized rate and over three million jobs added during the first six months of the year, as well as almost a million added in July. Now many […]
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August 3, 2021 The economy is getting stronger and consumer optimism is rising. We have had a string of positive economic reports which tell us that we are moving in the right direction. For example, retail sales have indicated that consumers are spending, we added close to one million jobs in June and the first […]
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July 27, 2021 The Federal Reserve Board’s Open Market Committee meets this week and there is little to no chance they will change interest rates. As a matter of fact, it was big news surrounding the previous meeting because they indicated that they will “consider” raising rates as early as 2023. Thus, you would think […]
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July 20, 2021 Last week we focused on the housing market. We would be remiss if we did not bring up the energy markets as well, as the price of oil has been in the headlines this year. It is always interesting when looking at history and how modern times have changed. For example, last […]
Read MoreJuly 13, 2021 To put it mildly, we have seen a quite interesting housing market through the pandemic. During most recessions, falling incomes and tighter guidelines cause the housing market to slow and lead to stable or lower housing prices. During the Great Recession, it took almost a decade for the housing market to recover. […]
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