August 12, 2025 This week the markets are still digesting the plethora of economic events which occurred during the last week of July and August first. However, there is no time to catch our breath as a new month of data starts this week with readings on inflation. We have had some good inflation readings […]
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July 1, 2025 As we look at the effect of tariffs, the pending tax bill, the jobs report, retail sales, inflation data and a host of other economic indicators, a few weeks ago we received a stark reminder of why the preponderance expert predictions could be for naught. And it was not unusual for that […]
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It is no fun being a member of the Federal Reserve right now. The economy continues to grow in spite of higher interest rates and inflation has calmed down. But inflation is still being a bit stubborn and it is taking a longer time to reach the Fed’s stated goal of 2.0% inflation rate. Here […]
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February 13, 2024 We have seen so many words describing our economic climate during the past few years. Words/phrases such as soft-landing, stagflation, sticky inflation, recession, qualitative tightening and more. There are so many that it is hard to keep up with the nomenclature. This week, we would like to bring one more to the […]
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May 23, 2023 For a year we have had to deal with rising interest rates and lower home affordability. Much of this was expected after record-low interest rates helped fuel a real estate purchasing frenzy which resulted in prices increasing by double digits for the past few years. Fast forward to today, and home prices […]
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May 16, 2023 Fannie Mae’s economists say a recession is coming. So does the Mortgage Bankers Association. As a matter of fact, 58% of economists are predicting a recession coming in the near future. Some even are predicting that the recession has started in the second quarter, but most are now expecting the start to […]
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March 7, 2023 Two weeks from now the Federal Reserve will be meeting again. Meanwhile the members of the Open Market Committee have been on a feeding frenzy. While mere mortals like us feed on regular food such as meat, carbs and dairy, the Fed feeds on data. And they have had plenty of data […]
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February 28, 2023 There is no doubt that the jobs report was a major shocker at the beginning of this month. We actually thought that we were about to slip into recession, but there is no evidence that the job market is slipping at all. Here is a basic concept—you can’t have a recession when […]
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