Industry Expert

We will ask three mortgage questions this week. First, why are mortgage rates so high? We know why interest rates are high—the Federal Reserve has increased short-term rates to deal with stubborn inflation. But mortgage rates have risen far more

For months the Fed has been waging a robust war against inflation. But as we know, this is not the only war being fought. There are wars against drug addiction, poverty and even illegal immigration. And of course, the classic

For months we have been debating whether the Federal Reserve will raise rates one more time this year and more specifically when they meet next week. We analyze the data, listen to the speeches by members of the Fed and

Bear Markets

Bonds are in a significant bear market. A bear market in bonds is different than the typical bear market we discuss – which is the stock market. While both are characterized by a drop in prices (for stocks it

We always say that predicting the future is futile. This year is no exception. The analysts were expecting a recession sometime this year. It did not happen. They also expected interest rates to start easing down as the year went

According to TheStreet.com, the Baby Boomer generation owns about half of the nation’s $140 trillion in wealth. These numbers have escalated significantly over the past decade because of gains

Every year we seem to publish the “Dog Days of August” edition. And there is always new fodder for the edition. Certainly, August a few years ago was unique because we were in the height of the pandemic. This year,

Just about every market analyst has been predicting a recession sometime in 2023. Well, here we are ending the first half of the year and we have seen very few signs of a recession. To the contrary, as of last