Weathering the Storms
November 7, 2017 The storms are over. The regions hit by the storms are recovering to various degrees. We all thought that the third quarter would see a pause because of the storms’ devastation. However, with a preliminary reading of 3.0% economic growth, a lot of forecasters were surprised. What this number tells us is […]
Read MoreClouded Jobs Report
October 3, 2017 The jobs report is a very significant economic indicator. Yet, it seems that every monthly jobs report takes on some extra form of significance. This one is certainly no exception, with the report coming in the midst of the recovery from two natural disasters hitting major population centers within the United States. […]
Read MoreAmazing Resiliency
September 26, 2017 Earlier this month, the bull market in stocks became the second strongest in history with a gain of over 260% from the bottom reached in 2009. It was already the second longest bull market in history. This is still way short of the strongest bull market in history, which achieved gains of […]
Read MoreThe Queens NY Real Estate Market Continues to boom
Queens Real Estate News The Queens NY Real Estate Market Continues to boom Below is a list of the top 10 biggest real estate sales deals in Queens, New York during the Second quarter of 2017: 1. 138-10 135th Ave, South Ozone Park, NY 1143 Purchase Price: $58.1 million Sale of 330 room hotel in Ozone […]
Read MoreSaber Rattling
August 22, 2017 Last week we spoke about the Dog Days of Summer when things are expected to be quiet. On the other hand, we also indicated that the world does not take vacation in August and unexpected events can have a greater affect upon the markets when so many are on vacation. And so […]
Read MoreThe Dog Days of Summer
The Economic Expansion Continues
August 8, 2017 The long road back from the Great Recession began in mid-2009 and July marks the 96th month of recovery. This makes it the third longest expansion on record, and if we continue at the present pace, this recovery will become the second longest expansion in history in the middle of next year. […]
Read MoreJobs and the Fed
August 1, 2017 Last week’s meeting of the Federal Reserve Board’s Open Market Committee was not so much about what they would do when they met. It was more about what they would say about the future. The two topics of interest were future interest rate hikes and selling off their stockpile of assets, which […]
Read MoreAnother Balancing Act
July 25, 2017 The Federal Reserve Board meets this week to decide what to do with short-term interest rates. With Chairperson Yellen having testified before Congress recently, the tone of her remarks has led the markets to believe that there is little chance of a rate hike this time around. However, analysts will be watching […]
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