Week Ending March 25th, 2022.
“A picture is worth a thousand words.” In this case, two pictures are worth three times as much due to inflation.
Week Ending November 26th, 2021
Thanksgiving week was filled with a plethora of economic news and the worries of the new XI or Omicron variant. But more disturbing we are witnessing the breakdown of our society in major cities across the country. It is highlighted by the state of our legal system as we let out known criminals and do not hold accountable those who loot and destroy businesses and private property.
April New Home Sales Rocket Higher, Up 16.6% Over March… The worry over new home sales in March appears misguided. In addition to an unexpected jump in sales last month, the median sale price also jumped 7.8% to $321,000. What it means– In March, new home sales, permits, and existing home sales posted disappointing results. But the residential real estate […]
Federal Reserve Leaves Rates Unchanged… The central bank left short-term rates at zero, but specifically mentioned in their press release that they could raise rates as soon as December. What it means – The Fed reminds of Wimpy from the cartoon Popeye. Wimpy is famous for saying, ” I will gladly pay you Tuesday for a […]