May 7, 2019 When the Federal Reserve Board’s Open Market Committee met last week, they did not have the jobs data from April to chew on before they made their announcement. Thus far this year, the Fed has been taking a “wait and see” approach to fiscal policy, with many predicting no rate changes in […]
Read More
Much has been made of the fact that interest rates are lower this year than those “high paid” market analysts predicted. These lower rates have contributed to a rebound in the stock market during the first third of the year. Lower rates have also contributed to a rebound in the housing markets. We have witnessed […]
Read More
The Queens NY Real Estate Market Continues to Boom Below is a list of the top 10 biggest real estate sales deals in Queens, New York during the 3rd quarter of 2018: 1. 82-11 37th Ave, Jackson Heights, NY 11372 Purchase Price: $55.9 Million ( Approximately) Sale of nine-story, 128,000-square-foot building in Jackson Heights. 2. 137-31 45th Ave, Flushing, NY 11355 […]
Read More
April 23, 2019 Last week we spoke about how wrong the prognosticators were when they said interest rates were going up this year. Lower rates typically represent good news for consumers. But lower rates when we were expecting the worst actually translates into great news for consumers. And there is evidence that consumers are noticing […]
Read More
April 16, 2019 At the first of the year we published a range of forecasts. This included the predictions for interest rates in 2019. These predictions were summarized by MarketWatch — For 2019, Market Watch reviewed the predictions of rates on home loans by several major economists. The range was an annual average of between 4.8% to 5.3% […]
Read More
April 16, 2019 At the first of the year we published a range of forecasts. This included the predictions for interest rates in 2019. These predictions were summarized by MarketWatch — For 2019, Market Watch reviewed the predictions of rates on home loans by several major economists. The range was an annual average of between 4.8% to 5.3% […]
Read More
April 9, 2019 A few weeks ago, we had a one-day precipitous drop in the stock market which was blamed on the appearance of an inverted yield curve, which for some analysts signals that a recession can be on the horizon. This begs two questions. First, what is an inverted yield curve? Simply, an inversion […]
Read More
April 2, 2019 At the end of this week, the job numbers for March will be released. With these numbers we will see proof of one of two directions. The first could be that the dismal jobs numbers in February were just an anomaly. January’s job growth was reported as very strong and when you […]
Read More
March 26, 2019 The end of March not only brings us springtime, it also represents the closing of the first quarter of the year. And it has been a very interesting quarter. For example, stocks have quieted down a bit from a very volatile fourth quarter. They have also made up plenty of ground in […]
Read MoreMarch 19, 2019 A bit over one week after the February jobs report, the Federal Reserve Board convenes today to determine the present and future of monetary policy. As far as the analysts are concerned, there is not much concern about the present. There is no action expected to be announced with regard to the […]
Read More