July 22, 2025 It has been a busy month with regard to economic news. We started the month with the passage of a huge tax and spending bill and the release of a stronger-than-expected jobs report. These events were followed almost immediately with additional announcements of increased tariffs to be levied upon several countries. Of […]
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November 26, 2024 The initial response to the President-elect’s victory was a huge Wall Street rally. Despite the fact that there were already significant gains in 2024, stock market indices reached new heights immediately after the election. The bond market? Not so much of a rally, despite the fact that the Federal Reserve lowered their […]
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November 12, 2024 A lot has happened in the past few weeks. First, we had a slew of data showing that the economy is still on solid footing. The advanced estimate of economic growth (GDP) for the third quarter came in at 2.8% — a solid, but unspectacular number. The October jobs report was obviously […]
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February 16, 2021 A few weeks ago, we saw the first reading of economic growth for the 4th quarter of last year. Though this number is subject to two revisions, the increase of 4.0% is not expected to change all that much. Taken by itself, a rise of 4.0% would be seen as fairly substantial. […]
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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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March 3, 2020 Last week we asked why rates were so low. The question arises because the economy seems to be humming along quite nicely. Sure, there are headwinds. The latest headwind is the threat of the coronavirus. Not to play down this threat, but in the past several years the economy has withstood plenty […]
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