Could a rate cut launch the housing market?
Mortgage interest rates (for the standard 30-year fixed rate) have fallen about a half percent over the past six months, from 4.7% in...
Which direction is this market headed?
Like an elevator, the stock market usually goes only in two directions – up or down. It rarely goes sideways, although there are times...
What is going to be the next inflation trigger?
I stated in my book What’s Next for the Economy, that I expect an oil shock to be an inflation trigger in the not too distant future. ...
Asset bubbles and inflation - what is the correlation?
Asset bubbles are created when an entity, such as the Federal Reserve, removes the moral hazard of investing and ownership in that asset...
Fed changes course to boost the markets; another Greenspan-like put?
Federal Reserve Chairman Jerome Powell announced today that they would exercise patience with respect to interest rate increases, and...
Will a Fed rate pause incur additional inflation risk?
My last Inflation blog topic centered around Fed Chairman Powell’s upcoming (December) Federal Open Market Committee (FOMC) meeting, and...
The economy, tax cuts, and the Federal Reserve (my 100th blog!)
The economy this year has been performing better than expected, due to the cumulative effects of the 2017 Tax Cuts and Jobs Act (TCJA)....
How long will the current Real Estate boom last?
Recent articles in the press note that current real estate prices are significantly higher than their post financial crisis lows (>50%...
The Inflation Fire is starting; will Fed Chairman Jay Powell put it out?
Like a California wildfire, the Inflation fire is just starting, but in due time it will consume billions of dollars’ worth of material...
When is the next recession? It’s just a matter of time…
As we celebrate the Thanksgiving holiday, let that serve as a reminder. Winter always follows fall. Some winters are less severe than...
