March 6, 2018 The minutes of the Federal Reserve’s January meeting were released the week before last. These minutes indicated that the Fed is comfortable that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this year. This statement was of no surprise to the markets, as rates have been […]
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February 27, 2018 There are many questions which have arisen because of the movements in the stock market and interest rates. For example, how high will interest rates need to go in order for investors to start thinking that they can achieve better returns than the stock market? That seems far-fetched because the stock market […]
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February 20, 2018 Several weeks ago, we spoke about the negative effects of economic growth. The two factors we cited were higher interest rates and higher oil prices. Now we are starting to see the markets react to this new reality. Many are blaming rising interest rates for causing what we can now call a […]
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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 Fourth quarter of 2017: 1. 711 Seagirt Ave, Far Rockaway, NY 11691 Purchase Price: $135 Million Sale of 916 residential units and eight commercial units in Far Rockaway. 2. […]
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January 30, 2018 As we have mentioned previously, it has already been a busy year with major storms, wildfires that turned into mudslides, a new tax plan and the in-fighting in Washington seemingly getting worse. And that is just the first month of the year. We end the first month and start the second month […]
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January 23, 2018 The stock market is setting records. We have a new tax plan which lowers taxes significantly for companies and moderately for individuals. We just had a decent retail holiday season with higher home sales closing out the year. In other words–everything is looking up for the economy. Most economists are cautiously optimistic […]
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January 16, 2018 Mid-January 2018 – Economic Commentary Believe it or not, we are halfway through the first month of the year. While a few weeks passing may not seem like much, these are very exciting times. Americans are reacting to a new tax plan, stocks have already broken records and we have had the […]
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January 9, 2018 After a deep recession in which we lost approximately eight million jobs, America’s economy has been quite consistent with regard to the creation of jobs during the past several years. For example, during the period of 2013 to 2017, just over 10 million jobs were created. That comes to just over 200,000 jobs […]
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