How Did The Predictions Go?
November 13, 2018 Though we are not in the business of predicting the future, it is sometimes very interesting to go back and see how forecasts play out after the fact. Especially when there is a lot of news happening during a short period of time. First, we had the jobs report released on November […]
Read MoreWill Jobs Week Be Sweeps Week?
October 30, 2018 It will likely be a very busy end of the year and this current period will significantly contribute to that forecast. Last week we had the first reading of economic growth for the third quarter and minutes released from the last meeting of the Federal Reserve Board’s Open Market Committee. Those minutes […]
Read MoreMore Inventory on the Horizon?
October 23, 2018 For the first time in several years, the real estate market is a lagging part of the economy. For some time, the real estate market has led the economy forward, but in the past year or so, the economy has outshined the real estate sector. In most times a stronger economy helps […]
Read MoreFed Meets Today
September 25, 2018 Let us assume that the prognosticators are correct, and the Federal Reserve Board will hike short-term rates by one-quarter of one percent when they finish their two-day meeting tomorrow. What questions does that leave us with? For one, will the Fed’s announcement also give us a hint about whether there will be […]
Read MoreTrading Places
August 28, 2018 Borrowing from the name of a classic movie title, it seems like the focus upon trade keeps moving around the world. From Canada to Europe to China to Turkey. Thus far, we have not seen any negative effect upon economic growth. Tomorrow we will see the first revision of the measure of […]
Read MoreThe Missing Ingredient
August 21, 2018 The economy seems to be firing on all cylinders. We had a great preliminary estimate of economic growth for the second quarter, unemployment is near historic lows and consumer optimism continues to be very high. The strength of the economy has prompted the Federal Reserve to continue to raise rates from their […]
Read MoreThe Data Flows
August 7, 2018 We started the flow of really important data on Friday, July 27. Though the numbers were preliminary, the first snapshot of economic growth for the second quarter was quite impressive. It more than made up for a weaker first quarter and you can be sure that the Federal Reserve Board’s Open Market […]
Read MoreBig Start To August
July 31, 2018 Though August is usually a pretty slow month within the financial markets and the real estate sector, this August starts with a bang. Today the Federal Reserve’s Open Market Committee concludes their meeting and will issue their rate decision and analysis. Just two weeks ago, Federal Reserve Chairman Jerome Powell told Congress […]
Read MoreThe Housing Shortfall
July 24, 2018 We are now more than half-way through the year and the biggest problem within the real estate sector continues to haunt the markets. The shortage of inventory is not only a drag for the real estate markets, but the economy as a whole. For decades, owning a home has been associated with […]
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