December 10, 2019 You only have to read these predictions to understand the importance of this week’s employment report — Two Federal Reserve estimates of U.S. economic growth are predicting that gross domestic product will hardly expand in the fourth quarter. The Atlanta Fed’s GDPNow estimated that growth is likely to come in at just 0.3%, down […]
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November 26, 2019 This is the time of year we give thanks. We believe we have a lot to be thankful for this year. Not only has the economy continued its expansion, but lower interest rates favored the real estate market for the latter two thirds of the year. That was a surprise to analysts […]
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November 12, 2019 Many economists are predicting somewhat of a mild recession in 2020. However, their predictions are not unanimous and those who believe the economy will continue to grow are pointing to the real estate sector having the potential to keep us out of a recession. Certainly, we can see the economy has slowed […]
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November 5, 2019 Today is Election Day. If you watch the news every day you might get the impression that the only important races are Federal. However, in the “off” years, there are a slew of local races and even a few state-wide races being contested. The local representatives you vote for today might become […]
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October 29, 2019 This is a very busy week. We start with a very important financial release on Wednesday. The first reading of economic growth for the third quarter will give analysts an idea as to whether the economy is slowing as many have expected. And we expect that the Federal Reserve Board’s Open Market […]
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October 22, 2019 For months we have been talking about the possibility of the trade wars having an effect upon the economy and the markets. The start of the impeachment inquiry looks like it also will break out into a full-fledged war. Thus far, the markets have not reacted greatly to the salvos being fired […]
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October 8, 2019 With so many headlines using the terms impeachment and trade wars, we can often overlook the mundane release of economic data indicating to us how consumers seem to be weathering these political and international skirmishes. Thus far the economy seems to be holding up well with so many distractions going on. Yet […]
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October 1, 2019 We are now three-quarters of the way through the year. We ended the quarter with an important reminder with regard to the markets. Simply put — you can’t predict the future. Take interest rates. Everyone was convinced that rates were going to continue to rise this year. Yet for most of the […]
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