Jobs Data To Influence the Fed?
September 10, 2019 The data is in and it looks like the Federal Reserve Board will likely lower rates again next week, as market analysts have predicted. There was plenty of data released in the past two weeks. First, we saw a revision of the estimate of the second quarter’s economic growth. While not final, […]
Read MoreThe Aftermath
August 13, 2019 It was the week of the “Feds,” as not only did our Federal Reserve Board lower rates by .25% last week, but also other Central Banks around the world weighed in. The Bank of Japan and Bank of England both kept their already low interest rates steady, one week after the European […]
Read MoreBusy Week
August 6, 2019 The first week in August was a block buster in terms of economic news. First, we had a reading on personal income and spending for the month of June. This report showed that consumers were still spending, but at a lower rate compared to the previous few months. This was the last […]
Read MoreIt’s All About Jobs
July 9, 2019 The data is out. First, we had the meeting of the Federal Reserve indicating that there are some members open to a rate cut. The markets are now predicting that such a cut may come as early as the end of this month. However, such a prediction would be predicated on evidence […]
Read MoreHappy July 4th
July 2, 2019 The celebration of July 4th tells us that one-half of 2019 is over. That is a sobering thought for those who believe that time is going too fast. It has certainly been a very interesting first half of the year. Thus far we have seen a very volatile, but positive, stock market; […]
Read MoreThe Resilient Stock Market
June 25, 2019 This has happened time and time again during the historic economic recovery. Since the Dow hit a low of just under 6,500 in March of 2009, the recovery of the stock market has been dramatic to say the least. At its peak this year, the Dow has crossed the 26,000 barrier several […]
Read MoreThe Ugly Word Arises
May 21, 2019 So, we had declared that everything was in place for a fantastic economic ride. Low interest rates, a moderately expanding economy and rising stock prices. Then the ugly word was uttered — tariffs. It took one word to put a bump in the road of our goldilocks economy. As soon as the […]
Read MoreThe Fed is Guessing
May 7, 2019 When the Federal Reserve Board’s Open Market Committee met last week, they did not have the jobs data from April to chew on before they made their announcement. Thus far this year, the Fed has been taking a “wait and see” approach to fiscal policy, with many predicting no rate changes in […]
Read MoreQueens 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 3rd quarter of 2018: 1. 82-11 37th Ave, Jackson Heights, NY 11372 Purchase Price: $55.9 Million ( Approximately) Sale of nine-story, 128,000-square-foot building in Jackson Heights. 2. 137-31 45th Ave, Flushing, NY 11355 […]
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