December 22, 2020 It seems like the next step of government stimulus has been debated forever. When you are out of work or your business is hanging on, time moves very slowly. As a matter of fact, we have been considering the next level of stimulus for such an extended period that some are thinking […]
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December 15, 2020 This is the home stretch for 2020 and also, we hope, the home stretch for the COVID nightmare which has afflicted the world in 2020. For us, 2021 cannot come quickly enough. Nor can deliveries of vaccines. We are reminded that even though these vaccines will hopefully mark the end of this […]
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December 8, 2020, Last week’s reading on employment was the last we will see in 2020. We believe that we have had enough bad economic news this year and are looking for a better year in 2021. The gain of 245,000 jobs was seen as disappointing, as the gain in jobs has slowed significantly as […]
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November 24, 2020 The prognosticators had promised Armageddon for the economy when the pandemic hit. Don’t get us wrong–it was plenty bad. But it was not as bad as many had predicted. The main reason for this resiliency? The real estate market. This is somewhat poetic justice because the Great Recession of 2008 was led […]
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November 17, 2020 The election is over, and the analysts have spent two weeks telling us what the results mean. The stock market rallied just before and after the election was called, but we don’t know if that was just the euphoria of uncertainty being removed, or the start of a longer-term rally — especially […]
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November 10, 2020 Your candidate won. Your candidate lost. You are confused like us because you have no idea who really did win. The real winner of any election in our country is democracy itself. The right to vote was exercised by a greater percentage of our populace than most anytime within the last one-hundred […]
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October 20, 2020 Could anyone had predicted one year ago that a major topic in Presidential debates and campaigns would revolve around mask-wearing? It has been that crazy of a year. We actually started the year with some semblance of normalcy, at least for a Presidential election year. But in late winter the entire world […]
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October 13, 2020 Previously, we mentioned that there will be no more monthly jobs reports before the Presidential Election. In addition, the Federal Reserve Board’s Open Market Committee will not be meeting in November. Coincidentally, they meet again the day after the election. Thus, this period is sometimes known as the quiet period before the […]
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September 22, 2020 No, we are not talking about shortness of breath and swelling. We are talking about how the markets might react to the news that a vaccine (or a few) are available. We have already seen how medical announcements have set off positive reactions. Now that we are further along in the process […]
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August 18, 2020 Just recently, statistics have been released showing the lowest foreclosure rate in history for the first half of this year, according to ATTOM Data Solutions. How can that be true during a deep recession? These low foreclosure rates are actually a function of two different factors. For one, the rate of foreclosures […]
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