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. […]
February 2, 2021 Last week we talked about differences with a change of administrations. We all agree that the challenges facing our nation – the economy, the pandemic, the divisiveness are not going to go away. But there are other areas where there will be no difference and these areas are positive. As a matter […]
December 29, 2020 By the end of this week, 2020 will have ended. It is hopeful that we will never have to say goodbye to another year like 2020. Indeed, economists around the world are predicting a vastly different year for 2021. And while we may present some of these forecasts, we always caution that […]
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 […]
November 10, 2020 Your candidate won. Your candidate lost. You are confused like us because you have no idea who really did win. The real winner of any election in our country is democracy itself. The right to vote was exercised by a greater percentage of our populace than most anytime within the last one-hundred […]
August 18, 2020 Just recently, statistics have been released showing the lowest foreclosure rate in history for the first half of this year, according to ATTOM Data Solutions. How can that be true during a deep recession? These low foreclosure rates are actually a function of two different factors. For one, the rate of foreclosures […]
June 9, 2020 This was the title of one of our economic commentaries in January of this year. It is a message we deliver every year. Now that we have traveled almost one-half the way through the year, we thought we would like to bring this message back, because this year it applies more than […]
April 21, 2020 For those attempting to predict the length or the depth of the current economic slowdown, we have all turned into medical prognosticators. Every day charts depicting the growth of the virus are published. The growth started slowly and then accelerated with lines showing the number shooting straight into the air. But as […]
April 14, 2020 As dismal as the March unemployment numbers were, we know that this is just a preview of what is to come. The question being bantered about by market analysts is — how high will unemployment become? Let’s take a look at the numbers. Let’s say 10+ million filed for unemployment in the […]
March 24, 2020 Believe it or not, we started the year quite smoothly. Yes, we were expecting some excitement due to the fact that we had a Presidential election coming our way. Little did we know that the primaries would take a back-seat to something much larger. It took just a few weeks to go […]