Tag Archives: interest rates

Consumer Confidence Is Boosting Housing

The Mortgage Corner StLouisFRED New-home sales are now back to the long term average in the above graph that dates back to the 1960s, and consumers are still reasonably confident of their future. “Sales of new single‐family houses in October … Continue reading

Posted in Consumers, Economy, Housing, housing market, Keynesian economics, Weekly Financial News | Tagged , , | Leave a comment

Is It Start of a New Housing Boom?

The Mortgage Corner Calculated Risk We should be careful in announcing a new housing boom. It can be a two-edged pronouncement, since a housing bust followed the last housing boom and precipitated the Great Recession. But it certainly looks like … Continue reading

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , | Leave a comment

What’s Happening To Interest Rates?

Popular Economics Weekly StLouisFRED The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis after being unchanged in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Why Today’s Irrational Exuberance?

Financial FAQs Wrightson-ICAP Fed Chairman Alan Greenspan said in a memorable 1996 speech, “…how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over … Continue reading

Posted in Consumers, Economy, Keynesian economics, Weekly Financial News | Tagged , , , , , | Leave a comment

The U.S. Economy Is Slowing!

Financial FAQs Late Monday, the U.S. blacklisted 28 Chinese companies because of their alleged role in human-rights violations against Muslim minorities ahead of the high-level discussions which will be led by China Vice Premier Liu He on Thursday. Bloomberg also … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , | Leave a comment

How Much Has US Economy Slowed?

Financial FAQs Calculated Risk It’s a difficult question to answer. We know the US economy is slowing, and the manufacturing activity is already contracting—the first of the four indicators that are used to call a recession—per the ISM’s Manufacturing Diffusion … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , | Leave a comment

Higher Home Sales Mean What?

The Mortgage Corner FRED “Sales of new single‐family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment