Homes are more expensive than they used to be – we all know that. That doesn’t mean it’s a bad time to buy a house, especially as low inventories have supported prices and the recent Case-Shiller Home Price report…
Author: Bill George
Wage Growth is Real Again!
As the Fed has continued to fight the good fight against inflation by raising interest rates, they’ve had to keep an eye on the other part of their dual mandate from Congress – full employment. With the unemployment rate holding…
Just Keep Buying
Consumption represents ~70% of U.S. GDP – that’s why it was so important to put money in the hands of consumers via stimulus checks during the uncertainty of the pandemic. We need people to exchange money throughout the economy –…
Rocket Fuel – 12.18.2021
When it comes to monetary policy (interest rates), policymakers and their views are characterized by types of birds. Those who believe inflation is running too hot and want stimulus removed from the economy are called inflation hawks. 🦅 (The eagle emoji will have to do –…
Midweek Macro — 12.16.2020
As we all wrap up 2020 and start setting goals and expectations for 2021, the Federal Reserve is no exception. Today concludes the Federal Reserve’s last meeting of 2020 – this is their 10th FOMC meeting of the year. They…
Midweek Macro – 11.25.2020
Yesterday saw the DOW Jones Industrial Average reach its highest levels to date — 30,000 points. ’s off to all the policymakers and consumers that made that possible during a year which the words “Next Great Depression” were uttered all…
Midweek Macro – 11.04.2020
Hurry up and wait. For weeks we’ve talked about how large turnout via mail-in voting would likely delay the time between when the polls closed and when the votes are tallied. Here we are – don’t be surprised or anxious.…
The Week Ahead – 9.21.2020
Here’s a look at the U.S. economic events on the calendar this week. I’ve focused on including items that will drive general markets as well as the housing industry and mortgage bonds. This week features a full festival lineup of…
Midweek Macro – 9.16.2020
The more things change, the more they stay the same. The top three stories in the financial markets this morning should be quite familiar at this point, and today brings not conclusions, but more questions. Federal Reserve Response to COVID-19…
The Week Ahead
Here’s a look at the U.S. economic data set to be released this week. I’ve focused on including data that will drive general markets as well as the housing industry and mortgage bonds. This week will start out slow from…