Are Americans Addicted to Low Rates?
October 25, 2016 You can’t read or watch the news and not view a story about some type of addiction in America — whether it is common substances such as caffeine, legal prescription drugs such as pain killers, or illicit drugs such as heroin. But today, we ask a question about addictions and our economy. […]
Read MoreThe Election’s Home Stretch
October 18, 2016 There is now less than 30 days before the Presidential election. And as we predicted some time ago, the rhetoric has ratcheted up significantly. So much so, that many analysts are indicating that this is the most acrimonious race in history. No one should be surprised at all regarding these conclusions. And […]
Read MoreWhat The Fed Said – September 27, 2016
After much speculation on both sides, the Federal Reserve Board’s Open Market Committee met last week and made their decision regarding interest rates. The markets experienced significant volatility leading up to the meeting as stocks pulled back, interest rates rose and oil prices fell. With the volatility, none of these moves came in a straight line, especially with regard to […]
Read MoreThe Fed Meeting September 2016
The initial reaction with regard to the slightly disappointing August jobs numbers, was speculation that a rate hike was less likely to result from the meeting of the Federal Reserve Board’s Open Market Committee next week. Keep in mind that many are speculating that the Fed will be reticent to take any actions at the following meeting, which takes […]
Read MoreThe Employment Situation and Yellen
The Chairperson of the Board of Governors of the Federal Reserve System, Janet Yellen, recently caused quite a debate in the markets with a recent speech indicating that she believed the case for an increase in the federal funds rate has strengthened in recent months. The debate not only centered around whether a rate increase was justified based upon […]
Read MoreEconomic Report – 8/11/15
This month economists have focused on international concerns and their effect on our economy. Most importantly; the default crisis in Greece, China’s stock market fall back, and nuclear discussions with Iran. The federal reserve must keep a close eye on what is going on around the world before they make a decision to increase interest […]
Read MoreHow the Employment Report Affects Mortgage Rates
Employment Report The monthly employment report is very important. The creation of new jobs tells us how the economy is currently performing and how it will be performing in the upcoming future. When a significant number of jobs are created, people spend more money, which In turn creates more jobs. March’s employment report was even […]
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