Ms. Zobel said those who are parking cash at the Fed right now will likely turn to private markets as the supply of safe assets such as Treasurys increases and market participants and banks gain more confidence about the economic outlook.
Read MoreArticles by Bill George
Something’s got to give – Prices or Rates? After a surprising jump in December, economists expected that pending home sales (signed contracts for homes) would continue to increase in January. Instead of growing 1.5%, they shrunk ~5%. Another surprise to economists this week was […]
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Purchasing Power is Lower, but Prices are Bottoming 🏠
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 showed prices climbing yet again. It’s just more of a challenge […]
Read MoreWage 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 below the long-term average at 3.5%, some might say this […]
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Full Faith and Credit
Full Faith and Credit The United States has a unique advantage in the global economic system – the U.S. dollar is considered the global reserve currency. This means that global debt markets use the dollar as a benchmark for much of the issuance of debt, even in other countries […]
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Market Monday Tuesday | Fed Minutes and Jobs Friday
This week will be another short one with the observed New Years Day holiday chewing up the first Monday in 2023. The two biggest things to watch out for this week in the market are the FOMC meeting minutes from December and the Non-Farm Payrolls report this Friday. #JobsFriday […]
Read More5 Things to Watch Out for as a First Time Homebuyer
Buying a home is a big step, and it can be especially overwhelming for first-time homebuyers. To make the process as smooth as possible, it’s important to be aware of a few key things. Here are the most important things for first-time homebuyers to watch out for: Budget: It’s important […]
Read MoreThe Top 3 Things to Watch in Real Estate in 2023
The Top 3 Things to Watch in Real Estate in 2023 Consumers The personal savings rate in America is at its lowest since 2005, and ~¼ of what it was leading up to the pandemic. Consumer confidence is similar to the depths of the ‘08 financial crisis, but the labor market and […]
Read MoreSeptember 2022 FOMC Meeting – .75% Federal Funds Rate Hike
The Federal Open Market Committee
Read More3L1T3 Finance – Fundamentals for More Fulfilling Lives
The goal of this organization is to create more fulfilling lives.
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