February 28, 2023 There is no doubt that the jobs report was a major shocker at the beginning of this month. We actually thought that we were about to slip into recession, but there is no evidence that the job market is slipping at all. Here is a basic concept—you can’t have a recession when […]
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February 21, 2023 If there is any industry that is more cyclical than the housing industry, we would be surprised to hear about it. The housing industry is subject to multiple cycles, including seasonal cycles, economic cycles, and interest rate cycles. There are even demographic cycles caused by immigration and generations like the baby boomers […]
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February 14. 2023 Today is Valentine’s Day. Do not forget to say and do something special for your loved one(s). There are so many names of our spouses and other close relationships. Significant other, partners, girl/boyfriend, fiancé, husband, wife, better-half, consort, companion, sweetheart, loved one and more. With so many to choose from, we should […]
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January 17. 2023 The pace in which interest rates rose in 2022 was a surprise to just about everyone. There is no doubt that this phenomenon was spearheaded by what was considered rapidly progressive inflation. At the beginning, the Federal Reserve declared inflation a transitory result of the pandemic. However, inflation did not seem to […]
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January 10. 2023 First of all, we must qualify this headline with the important caveat that a recession is not a sure thing. However, so many economic forecasts are banking on a recession in 2023, we must at least acknowledge the possibility of a recession this year. The vast majority of these forecasts are predicting […]
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January 3. 2022 There are so many questions at the beginning of every year. For one, how long will it take for us to stop writing or typing 2022? Secondly, from that famous Seinfeld episode—for how long will we wish everyone a Happy New Year? Do we stop January 31st or later? Here is another […]
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December 13, 2022 Throughout the pandemic, there was little interest in Fed watching. The Federal Reserve took short-term rates down to zero and kept them there for two years. Now we are accustomed to the Fed raising short-term rates at each meeting for the past eight months. And while the markets believe the meeting this […]
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December 6, 2022Just about one month ago, the Bureau of Labor Statistics released the Consumer Price Index (CPI) for October and it was like a breath of fresh air. Really, the bad inflation news we have experienced since the beginning of this year was suffocating to say the least. And then we received a report […]
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