We are now three-quarters of the way through the year. We ended the quarter with an important reminder with regard to the markets. Simply put — you can’t predict the future. Take interest rates. Everyone was convinced that rates were
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The past week was the best example of an axiom we have always followed — you can’t predict the future. It looked like the Federal Reserve Board was locked into a rate cut before they met. As we said, the
The Federal Reserve Board is meeting this week with an announcement to be made on Wednesday. Many times, there is a lot of drama and speculation surrounding these meetings. We believe the die will likely have been cast before the
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
August is over and done with. But we can say it was not the usual, “dog days of summer” August. Usually everyone is on vacation in August and the markets go through a lull. But this August there was plenty
Owning a home is a dream that is shared by millions and millions of Americans. Several years ago, the national home ownership rate reached a record high as almost 70% of all families owned their own home. This number has
With the Chinese/American trade war carrying over, the markets were encouraged for at least a period of time with the Administration’s decision to delay additional tariffs on certain goods until December 15. This decision was announced so that consumers were
We will file this commentary under the subject heading of — you can’t predict the future, especially in a world economy. First we had a solid but unspectacular report of economic growth for the second quarter. Then we had a
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
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