Sat, 25 February 2017
Today's FEATURE focuses on the front page headline of the Feb 23rd edition of the Wall St Journal quoted above. The subtitle of this article was "Signaling a possible March move". The Fed meeting is March 14th & 15th. The principal question we address is, does this event mark the onset of significant economic expansion in the US? Janet Yellin, Chair of the Federal Reserve, told a Senate Panel recently, "Waiting too long to remove accommodation would be unwise potentially requiring the FOMC to eventually raise rates rapidly". Addressing the real estate sector, how will this policy change impact property markets? Other topics include: The inflation Jeannine, The Krondratieff Wave Theory, Muny Bonds, Calexit, Starbuck's caffeine headache, Connecticut's awful timing and Al Gore's bite out of Apple.
Direct download: TMB-17-02-25-FED-eyes-aggressive-rate-increase-major-move-in-RE.mp3
Category:News & Politics -- posted at: 3:25pm PDT