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Read MoreArticles by Bill George
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 – as soon as they get spooked and hold on to […]
Read MoreRocket 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 – just like this week’s Fed announcement – relatively hawkish.) Those who […]
Read MoreMidweek 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 typically meet 8 times in a year – Even in […]
Read MoreMidweek 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 too frequently. This final push across the 30k line was […]
Read MoreMidweek 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. We knew this was going to happen. As we’ve seen […]
Read MoreThe 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 FED speakers — traders will be chasing live streams around […]
Read MoreMidweek 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 U.S./China Trade Relations U.K./E.U. Trade Relations The FED With the […]
Read MoreThe 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 a data perspective but will finish with a spattering of […]
Read MoreMidweek 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 President who will solve problems, namely the ones stemming from […]
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