Another Thanksgiving is upon us, and it is time not only to eat turkey and watch football, but to give thanks. No matter how rough the year is, we always pause to
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We used to be glued to the jobs report. Every month the analysts made predictions and then analyzed where they got things wrong. Then there is the quarterly growth data (GDP). Together
The last two years have been extraordinary in many ways. The pandemic headlines this story, but there are many parts to this tale. We had an economy stop on a dime for the first time in history. So many adjustments
We had a strong October jobs report and the Delta variant is fading. Theoretically, this gives us a better chance that the economy’s fourth quarter growth rate will ramp up from the tepid 2.0% performance of the third
The Federal Reserve’s Open Market Committee is meeting this week and the decision on whether to taper their purchases of bonds and mortgages will be front and center. The minutes of the Fed’s last meeting had indicated the
Just two weeks ago, we spoke about the “trifecta” of economic events spanning the end of October and early November. Or perhaps we should have labeled it the “triple witching hour” since that time period also encompassed Halloween.
The Delta has risen. Many economists are worried that this phase of the COVID pandemic could choke off the economic recovery – or at least slow it down. Looking for evidence? It is all about jobs. If the
To put it mildly, we have seen a quite interesting housing market through the pandemic. During most recessions, falling incomes and tighter guidelines cause the housing market to slow and lead to stable or lower housing prices. During
Buying a home or refinancing a home mortgage remains one of the most important
financial decisions one will make in a lifetime. There are very few personal decisions one
can make which involves such an important investment, both in terms of economics
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