Last week the members of the Federal Reserve voted to continue their $85 billion quantitative easing (QE) bond buying program. Many had expected the Fed to begin to taper their purchases. Immediately following the meeting St. Louis Fed President James Bullard claimed that if the data supported an improving economy, the Fed might taper QE … Read More →
The End of the Recovery Podcast Summary Ryan discusses the the Syrian situation and its impact on interest rates. Ryan reviews the ADP payroll numbers and the initial jobless claims and notes that they were not too good but the market thinks they were not bad enough to cause the Fed not to taper its … Read More →
Podcast Summary Ryan reviews the new home sale data that was released last week and was well below expectations. Ryan notes that it takes negative economic news to drive interest rates down. Ryan notes that the market is expecting the Fed to taper and that the recent GDP revision to 2.5% is being touted as … Read More →
To Taper or Not To Taper Cumulative Summary of the Fed’s Position on Tapering QE: “We need more of what didn’t work to make sure it’s working and we need more data and we said we would taper, so there, but no rush!” Summary Of Podcast Ryan and Louis discuss the initial jobless claims and … Read More →
Can Central Banks Fix the Economy? Summary of Podcast Ryan and Louis discuss the initial jobless claim data released this week. Louis points out that fewer people not losing their jobs is not the same as people getting jobs. Louis and Ryan discuss St. Louis Federal Reserve President James Bullard’s recent statement on tapering and … Read More →
Much has been said about the potential impact on the real estate and stock markets if the Federal Reserve were to taper its quantitative easing program or to eliminate it altogether. The debate centers around whether and by how much rates would rise and what impact that would have on the real estate and stock … Read More →
Why Are Interest Rates Rising? Summary of the Podcast Ryan reviews the ADP employment and the Bureau of Labor Statistics report the latter showing poor job growth while the former showed good job growth. Louis notes that the BLS report was not good as half new jobs were in retail or restaurants and there was … Read More →
The Dark Side of Rising Home Prices What’s Wrong With Higher Home Prices? The Real Estate Industry and Media Tout Rising Home Prices as a Good Thing, But Are They? Real Estate News I guess I don’t buy your premise, its a pretty unlikely possibility, we have never had a decline in housing prices on … Read More →