Is it Going To Get Interesting Again?
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 […]
Read MoreOne Data Point or End Game?
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 […]
Read MoreThe New Shining Star
November 15, 2022 We used to be glued to the jobs report. Every month the analysts made predictions and then analyzed where they got things wrong. Then there is the quarterly growth data (GDP). Together with the jobs report, the markets reacted until the next set of numbers were released. Now we have another focus, […]
Read MoreThe Fed Has Spoken – Again
November 8, 2022 We must sound like a broken record. The Federal Reserve meets. The Fed raises short-term rates. The Fed says — we are going to raise rates until inflation gets under control. Wash, Rinse, Repeat. This was the sixth time the Fed raised their benchmark rates this year, with the most recent four […]
Read MoreMore Jobs
October 11, 2022 For months we have been predicting job growth would slow down. This prediction was not only predicated on the forecasts for the economy to slow down, but also because we have now recovered the jobs lost during the pandemic-reduced recession. From here on out, job growth will be a factor of the […]
Read MoreThey Did Not Stop Talking
September 27, 2022 Well, the Federal Reserve raised short-term rates by 0.75%. This was not a surprise, as predictions for a 0.75% increase had been circulating for more than a month. And there were so many speeches and statements by Fed members delivering tough talk about how they were going to stay the course against […]
Read MoreHousing and Recessions
September 13, 2022 Since we could not decide as to whether we are in a recession right now, many have adopted the term “housing recession” instead. While we are not sure what constitutes a housing recession, we really need to view today’s real estate market in terms of where the market is coming from. Certainly, […]
Read MoreSo, How Was Labor Day?
September 6, 2022 We certainly hope that the holiday weekend was relaxing and enjoyed by all. As we pointed out last week, the early release of the August employment data made this past weekend a Labor Day event in more ways than one. While many of us relaxed and enjoyed the last “unofficial” weekend of […]
Read MoreSpeaking of Jobs
August 30, 2022 Last week we pondered the employment situation. This week we get an early look at the August jobs picture because the release comes before Labor Day. Thus, this weekend coming up will be referred to as Labor Day weekend for more than one reason. While we are very curious as to whether […]
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