Weathering the Storms
November 7, 2017 The storms are over. The regions hit by the storms are recovering to various degrees. We all thought that the third quarter would see a pause because of the storms’ devastation. However, with a preliminary reading of 3.0% economic growth, a lot of forecasters were surprised. What this number tells us is […]
Read MoreTrick or Treat
October 31, 2017 We rarely get to publish on Halloween (technically once every seven years) and thus we could not resist the headline. There are many theories about the origins of Halloween and evidence of somewhat similar practices go back as far as the Middle Ages. Like other holidays in the United States, Halloween has […]
Read MoreThe Market’s Passion
October 24, 2017 Sure, the stock market has risen for over eight years. But the run which started in October of 2016 is quite extraordinary, to say the least. Usually when bull markets get older, they fluctuate and run out of steam, but this one seems to have gotten quite a second wind. The question […]
Read MoreWhere’s the Beef?
October 17, 2017 During the past month or so, interest rates, oil prices and even gold prices have been rising. The stock market has been moving upward steadily as well, though stocks have been moving up for many years now and accelerating for the past year. With the Federal Reserve Board raising short-term rates and […]
Read MoreClouded Jobs Report
October 3, 2017 The jobs report is a very significant economic indicator. Yet, it seems that every monthly jobs report takes on some extra form of significance. This one is certainly no exception, with the report coming in the midst of the recovery from two natural disasters hitting major population centers within the United States. […]
Read MoreAmazing Resiliency
September 26, 2017 Earlier this month, the bull market in stocks became the second strongest in history with a gain of over 260% from the bottom reached in 2009. It was already the second longest bull market in history. This is still way short of the strongest bull market in history, which achieved gains of […]
Read MoreAmerica is Tested Again and Again
September 12, 2017 All through our economic commentaries we always are fearful of making predictions. No matter how much information we have, there are always unknown factors which can change the future to a significant degree. There is no better example of this than what Texas and Louisiana just faced with Hurricane Harvey. An entire […]
Read MoreUSA Jobs News – Fall 2017
September 5, 2017 Last month we spoke about the data that will be coming out before the Federal Reserve Board meets towards the end of September. These economic reports included jobs, inflation, the quarterly reading on economic growth and more. The August job numbers released just before the Labor Day weekend was expected to be […]
Read MoreThe Queens NY Real Estate Market Continues to boom
Queens Real Estate News 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 Second quarter of 2017: 1. 138-10 135th Ave, South Ozone Park, NY 1143 Purchase Price: $58.1 million Sale of 330 room hotel in Ozone […]
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