Economy and Trends

What you need to know about the Housing Market in 2019

As one might anticipate, projections for real estate values and the market, in general, are scattered like stars in the sky. So many thoughts and statistics it is hard to know where to begin. My experience is that real estate brokers are somewhat synonymous with stockbrokers in regard to their involvement in the efficient market of information. Maslow’s hierarchy will ...

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Mixed Signals from Manufacturing Index and Employment Report

There have been various entities putting pressure on the Fed to back off on its rate increases in recent months as the stock market has come under pressure. The most vocal critic has been President Trump himself. The president even tweeted on Christmas Eve, “The only problem our economy has is the Fed.” The Fed has stated that they intend ...

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The Economic Gain of Home Ownership for the Poor

The holiday season brings out in many of us the desire to give. What is gifted can be personal and often benefits the giver as much or more than the gifted. While often envisioned as a charitable endeavor, giving can be an economic gift to the community as well. One particular segment of the market that you don’t hear much ...

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Market Swoon Takes a Toll on Consumer Confidence

The latest Consumer Confidence report was released on Thursday and it showed a sharp drop in December. The index dropped to 128.1 for the month and that is down from 136.4 in November. The index peaked at 137.9 in October and has ticked down since then. If you are frequent reader of my articles, you know that I view the ...

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Russia can never be a Top-Tier Economy

As long as one has the single-minded mission to intervene and usurp what belongs to others, there can be no long-term economic salvation. Yes, it can work in the short-term via physical threat to the populous ala Stalin et al. However, liberty and economic freedom cannot work when a sovereign nation is in perpetual war and turmoil. Goods of production ...

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The Landscape has Changed for the Fed’s Rate Path

Over the years I have heard many different sources, from economics professors to Fed Chairmen, say that the Federal Reserve doesn’t pay attention to the stock market when it comes to deciding rate policy. I think we all know better than that. When the Fed stepped in and started lowering rates at the end of 2007, you can bet that ...

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What Small Business wants from the new Congress

The mid-term elections are now behind us, and small businesses across America march on. Politics and regulation, among other things, play such a large role in the life of an entrepreneurial venture. Policies legislated can have a big impact on macroeconomic issues like job creation, wages, and production. The upcoming 116th United States Congress will need to address the concerns ...

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Holiday Spend to Hit $1 Trillion with Trump Bump

Retailers are expected to enjoy a robust holiday season with total consumer spending to exceed $1 trillion. According to Matthew Shay, National Retail Federation (NRF) President and CEO, “Thanks to a healthy economy and strong consumer confidence, we believe that this holiday season will continue to reflect the growth we’ve seen over the past year.” Despite the recent downturn in ...

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