The Risks Are A-Changing A key thing about our economy has changed recently, and it has to do with the Federal Reserve. The central bank has a dual mandate to keep prices stable and ensure maximum employment, and over the past years, the focus has really been on prices and inflation. Now that inflation has…Read more
Housing Affordability U.S. home affordability has hit record lows. Home prices are at record highs, and while mortgage rates have come down from their highs (and are expected to come down further), many prospective homebuyers feel shut out of the market. So when will the market finally turn? Light at the End of a Long…Read more
Estimated reading time: 3 minutes Hoist the House China made big moves this week in an effort to stimulate its struggling economy. Some of the measures policy makers included allowing consumers to refinance at lower mortgage rates, a new Rmb500 billion ($71 billion) asset swap facility to support the domestic stock market, a Rmb300 billion ($43 billion)…Read more
