The Federal Reserve has a dual mandate: Stable prices and maximum employment! Given the state of that mandate vis a vis the current condition of the U.S. economy, the answer to the question of if and when the Fed will begin to raise rates is that no one knows. But nonetheless that question has become […]
In other words, will the Fed raise rates? On its surface the October jobs report blew away expectations showing that the economy added 280,000 jobs when the ‘experts’ and analysts were expecting only a 180,000 job add! In addition the unemployment rate ticked down to 5% from 5.1%. These results would make even the most […]
Summary: With various housing statistics suggesting different things concerning the overall strength of the real estate market, which will ultimately prove to be correct? Or will the fact that the rate of household formation spiked in the 4th-quarter of 2014 when compared to 2013 mitigate this issue and lead to a home buying surge? […]
