I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers,…
As a result of the current loose monetary policy and additional stimulus coming down the pipe, “imbalances” within the economy are starting to form. BofA predicts a 10% drop in stock prices. What are other experts saying on the stock…
If you have been tracking interest rates in the mortgage market, your head is likely spinning. Mortgage rates hit a record low of 3% less than a week later rates have risen again. What is causing the drastic swings? Is…
In the fall of 2006 my wife, a high school teacher, left for school in a small sleepy town SW of Denver. Shortly after school began shots rang out and a hostage situation ensued (See Article). At the end of…
Although it is impossible to predict the future unless you were a star in the movie back to the future 😊, history does provide a good indicator of what might happen. With all the recession talk recently it is important…
Banks told the Fed that they would tighten lending standards if short-term rates rise above their long-term counterparts, the central bank said in results of an October survey of senior loan officers. Asked how an inversion of the yield curve…
With 2019 coming quickly it is time for my annual real estate predictions. 2019 is shaping up to be considerably more exciting than 2018! The main economic drivers in 2019 will be the pace of rate increases from the federal…
Would you take the bet? I wouldn’t suggest it as we’ve seen this party before. As I’ve mentioned before the number one determinant of a default is leverage. This is obvious, yet our wonderful federal government doesn’t seem to grasp…
I hope everyone had a great Thanksgiving. Unfortunately, the market plunge hasn’t helped get many folks into the Holiday Spirit! What is driving the recent market correction? Is this a bump or a real problem? Is this all driven by…
This past week has been a rough ride with the S&P losing over 7%. Is this a minor correction or something more? President Trump says blame the “loco” fed not the China trade war. Is he correct? What are the…
