by John Evans | Feb 26, 2018 | Market Outlook
Last week’s economic releases included minutes from the most recent FOMC meeting, a report on January sales of pre-owned homes and weekly readings on mortgage rates and new jobless claims. FOMC Minutes: Economic Strength Hints at More Rate Hikes Minutes of the...
by John Evans | Feb 12, 2018 | Market Outlook
Jerome “Jay” Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Mr. Powell, who follows former Fed Chair Janet Yellen, introduced himself via...
by John Evans | Feb 5, 2018 | Market Outlook
Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and...
by John Evans | Feb 16, 2016 | Market Outlook
Last week’s economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve’s monetary policy. Here are the details: Mortgage Rates, New Jobless Claims Drop Freddie Mac...
by John Evans | Feb 8, 2016 | Market Outlook
Last week’s scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details: Construction Spending Higher in December U.S. construction spending...
by John Evans | Feb 1, 2016 | Market Outlook
Last week’s economic events included S&P Case-Shiller’s home price indexes, reports on new and pending home sales and the Fed’s FOMC statement. The details: Case-Shiller Reports Fast Paced Home Price Growth According to S&P Case-Shiller Home...