October 26, 2021 The year is winding down, but the economic news will be heating up. In the next week or so we will have the “trifecta” of economic events. First, this week we will see the measure of economic growth for the third quarter. This reading will be especially important because, following two strong […]
Thanks for visiting our Real Estate Investing blog in Queens NY. If you are looking to invest or sell real estate in the Queens New York area, follow our blog articles. August 17, 2021 The one area of obvious strength for the economy during the pandemic has been real estate. We have mentioned many times […]
July 20, 2021 Last week we focused on the housing market. We would be remiss if we did not bring up the energy markets as well, as the price of oil has been in the headlines this year. It is always interesting when looking at history and how modern times have changed. For example, last […]
July 6, 2021 Last month the Federal Reserve Board spoke loudly. They actually had the audacity to suggest that they expect to raise rates shortly. Define shortly? Sometime in 2023! That is literally two years from now. Years ago, the Fed never telegraphed what they were inclined to do in advance. Now they are signaling […]
June 22, 2021 No, we are not talking about the pandemic here. We are actually referring to the May jobs report, which shows almost 560,000 jobs created. This number was seen as disappointing. If you look at it from a year-to-date standpoint, we have added close to 2.5 million jobs this year—or an average of […]
May 4, 2021 If you are reading the forecasts being released for this year, the optimism for a strong rebound has hit unprecedented highs. There has been plenty of data to support such optimism. This data has included a gain of nearly one million jobs in March. Add plenty of stimulus dollars to the equation, […]
April 13, 2021 Our previous commentary spoke about the importance of inflation with regard to the future of interest rates. We follow with a discussion regarding the threat of inflation. First, we must understand that all sectors of the economy do not experience inflation at the same rate. For example, today we see inflation in […]
April 6, 2021 Inflation, inflation, inflation. This year, rates have been headed up and we keep hearing this word being uttered again and again. Rates have been rising because there is an elevated threat of inflation. The question is – why are these two concepts linked together so often? Today, we would like to reintroduce […]
March 9, 2021 What is the definition of a “K-shaped” economic recovery? A “V-shaped” is a quick and sharp recovery and a “U-shaped” recovery is more gradual. The “K-shaped” recovery is bifurcated. This means that certain segments of the recovery are happening at different speeds. In this case, the real estate sector definitely represents the […]
February 23, 2021 Just in case you are getting nostalgic for the past few years, we began 2021 with an impeachment trial and a debate concerning the size and need for a stimulus package. Sound familiar? And because this commentary is focused upon economics and not politics, we are more concerned with the arguments for […]