sales of existing homes

Real Estate Perfectly Sums Up The Rate Cuts

By |2019-07-24T17:33:19-04:00July 24th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It’s only a confusing when you just accept the booming economy of the unemployment rate. From this perspective, 2018 was, and more so 2019 is, a downright conundrum. By all mainstream accounts, this just shouldn’t be happening. Home sales are running at a pace similar to 2015 levels – even with exceptionally low mortgage rates, [...]

Three-For-One In Poor Housing Data

By |2019-05-21T12:16:49-04:00May 21st, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

We all know the shorthand. The Federal Reserve influences if not controls economic activity by raising and lowering the federal funds apparatus. Reducing the monetary policy targets is stimulus because everyone loves lower interest costs. Raising them therefore has the opposite effect. More direct and visible consequences are supposed to be observed first in the [...]