De Groote Financial Group December 1, 2021

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.

De Groote Financial Group February 3, 2021

What Happened Last Week and What It Means to You: September 25, 2020

Durable goods orders for August… Non-farm productivity… August industrial production increases… New home sales go over 1 million… Conference boards leading Indicator… Corona virus survival rates

De Groote Financial Group August 26, 2016

New Home Sales Jump 12.4% in July… The move puts new home sales up more than 30% from the same time last year. What it means – Demand for new homes remains solid, as sales are at their highest level since 2007. Still, the current pace is less than half of what it was at […]

De Groote Financial Group May 27, 2016

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 […]

De Groote Financial Group October 30, 2015

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 […]