Minutes from the Federal Reserve's historic Dec. 16 monetary policy committee meeting may reveal the reasons for its shift towards quantitative easing, the policy of flooding the financial system with liquidity. At its Dec. 16 rate decision, the Fed went beyond market expectations and cut the key...
In a stunning reversal of fortune, markets are now beginning to digest the news of a financial world without storied investment banks Lehman Brothers and Merrill Lynch. Fed Funds Futures are now pricing in an 80% chance that the Federal Reserve will cut 25 bps cut at Tuesday's FOMC meeting. This...
With the U.S. government bailing out Fannie Mae and Freddie Mac last week, followed by Lehman Brothers filing for bankruptcy and Bank of America purchasing Merrill Lynch on Sunday, Tuesday's CPI release from the Bureau of Labor Statistics promises to be highly anticipated. Many believe the data could...
Just our opinion, but spiraling gas prices may present an abundance of unintended consequences when it comes to the housing market. Some of these repercussions could ultimately be healthy, but other will pose some serious problems for consumers and the industry. The Effect on Suburbia Homebuyers have...