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Last Week in Review: It's Fed Week The quiet before the storm. This past week, Fed officials were literally "quiet" with no speeches ahead of next week's Fed Meeting where a .75% rate hike is widely expected. Let's discuss what will be an important week ahead. Another Big Fed Rate Hike Coming For the first […]

Last Week in Review: Uncertainty Surrounding Inflation This past week we experienced a couple of soaring inflation numbers which has injected new uncertainty surrounding inflation peaks, Fed rate hikes, and the likelihood of a recession. Let’s discuss what happened and what to watch for in the coming weeks. Consumer Prices Soaring The headline Consumer Price […]

Last Week in Review: Recession, Retreat, Restrictive This past week was filled with “R” words, including the growing fears of a global recession as economic data around the globe points to a slowdown. Let’s discuss what happened and the big events to watch out for next week. Recession The dreaded “R” word has gained steam after […]

Last Week in Review: Celebrating Independence Day The Fourth of July, Independence Day or July 4th was first recognized as a federal holiday in June of 1870, but the tradition of the 4th celebrations dates back to the 18th century and the American Revolution. On July 2nd, 1776, the Continental Congress voted in favor of […]

Last Week in Review: Powell Delivers Halftime Report to Congress This past week Federal Reserve Chair Jerome Powell delivered his semi-annual testimony to Congress on Capitol Hill. Let’s walk through what the Chair said and how the financial markets reacted as well. “At the Fed, we understand the hardship high inflation is causing. We are strongly […]

Last Week in Review: The Big Rate Hike This past week, the Federal Reserve raised the Federal Funds Rate by .75%, the first such hike since 1994. Let’s walk through what the Fed said and how the financial markets reacted. “Clearly, today’s 75 basis point increase is an unusually large one and I do not […]

Last Week in Review: Three New Concerns for the Fed This past week, home loan rates increased slightly from the previous week as we are just a couple of days away from the next Fed Meeting. Let’s walk through what happened and discuss what to look for in the week ahead. As we approach the […]

Last Week in Review: The Feds Job on Jobs Home loan rates increased slightly from the previous week as we are just a couple of weeks before the next Fed meeting. Let’s walk through what happened and discuss what to look for in the week ahead. “As I will explain, this very tight labor market […]

Last Week in Review: Some Good News on Rates This past week, home loan rates improved to the best levels in a month. The 10-yr Note yield closed beneath 2.80% for two consecutive days for the first time since April 13th. Moves like these begin to suggest that rates may have peaked. The main reason […]

Last Week in Review: Recession Fears Emerge This past week, home loan rates improved slightly in response to growing fears of a recession. Let’s walk through what happened and discuss what to look for in the week ahead. “What we need to see is inflation coming down in a clear and convincing way, and we’re […]