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…
Category: Market Update
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…
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.…
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…
Midweek Macro — 9.9.2020
Safety First! As we edge closer to the 2020 elections, candidates are looking to do anything they can to fuel their narrative and drive voter turnout in their favor. At the top of the ticket, Americans are looking for a…
Midweek Macro – 6.17.2020
The first headline I read this morning was “Stocks pare gains on second wave fears” while the second read “Stocks rally on COVID recovery optimism.” – as they say in Germany, klar wie Kloßbrühe! S&P futures show the market for…
Midweek Macro – 6.10.2020
Happy FEDnesday everyone! Our friends over at the Federal Open Market Committee will conclude their 3rd two-day meeting of 2020 today (the mid-march gathering was cancelled with 5 other unscheduled meetings taking place that month). Investors are not expecting any…