Housing Prospects When the Fed Moves
The prospect of Federal Reserve (Fed) rate hikes has brought out much concern about the durability of the housing recovery. It is understandable. Any increase in rates threatens to raise […]
Tag Archives: Federal Reserve
The Economy Won’t Move Because Managers Won’t Move
This economy needs more “animal spirit.” The great economist, John Maynard Keynes, coined this term to describe the willingness of business managers to expand aggressively and identified it as essential […]
Exaggerated Fear in Barron’s
A recent Barron’s article elicited considerable response in the financial community. The May 3 piece, drawing on work form a noted New York think tank, saw an increased danger […]
Thirty Tomorrows 