December 5, 2017 This week we will see the release of the November employment numbers. The key question we will be watching is whether we will be moving closer to a rate increase or further away with respect to the Federal Reserve Board’s meeting next week. According to the minutes of the last meeting, the […]
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November 28, 2017 As we approach December, we can see that we are in for a busy month with regard to the economy. With the recovery continuing from the Hurricanes, the Federal Reserve Board’s Open Market Committee will also be meeting with the consensus pointing to another increase in short-term interest rates. Outside of major […]
Read MoreNovember 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 MoreOctober 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 MoreOctober 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 MoreOctober 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 MoreSeptember 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 MoreSeptember 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 MoreQueens 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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