April 14, 2026 There is no doubt that the war with Iran has caused damage to the economy. Higher mortgage rates and oil prices coupled with a falling stock market and waning consumer confidence represent a lousy combination. In addition, the government is now accelerating spending which is going to have a negative effect on […]
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December 30, 2025 The Federal Reserve lowered their benchmark interest rates three times to close out 2025. While this was good news for the real estate markets, the path to lower rates has not been as clear as many would have hoped in light of the Fed activity. The disconnect has occurred despite major pressure […]
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December 23, 2025 ‘Tis the season to be jolly. And certainly, the retail industry is hoping that the consumer is feeling quite jolly as the holiday season and the year come to a close. It is estimated that close to 20% of all retail sales happen during this time and anything short of that would […]
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December 9, 2025 For the past several weeks we have been touting the fact that the Federal Reserve will have an avalanche of data to consider when they meet in December. Well, the December meeting starts today and certainly there is a whole bunch of data to consider. However, the most important data indicating the […]
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December 2, 2025 The government shutdown caused a major back-up of government data, and we are in the midst of seeing the spigot of data being released. This is very timely because the Federal Reserve is scheduled to meet one week from today and, unlike their last meeting, they are likely to have some, but […]
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November 25, 2025 It certainly has been a very tumultuous year for the real estate sector. And as we approach the Thanksgiving holiday, it makes sense for us all to take a breather and give thanks for the good things in our lives. The first thing we would like to give thanks for is the […]
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September 23, 2025 Finally. After months of back and forth and speculation, the Federal Reserve has lowered its benchmark rate by 0.25%. While the August job numbers combined with the substantial downward revisions of jobs added during the past year pretty well clinched the fact that the Fed was likely to lower rates, there was […]
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July 2, 2024 In the interest of seeing lower interest rates, we have had some hits and misses in the past few months. Two months ago, we had a moderate jobs report, but stronger than expected inflation numbers. Last month we had a strong jobs report but weaker than expected inflation numbers. Thus, we now […]
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June 25, 2024 The Federal Reserve Board has always been very careful regarding making public statements that will affect the markets. As a matter of fact, in years past the Fed was much more clandestine regarding their opinions to avoid roiling investors. So much so that there were complaints about the Fed not being open […]
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September 5, 2023 We always say that predicting the future is futile. This year is no exception. The analysts were expecting a recession sometime this year. It did not happen. They also expected interest rates to start easing down as the year went on. Instead, as the second half of the year began, interest rates […]
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