Markets tank from coronavirus scare

Markets tank from coronavirus scare

The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The Coronavirus has caused stock markets around the world to quickly sell off...
60% chance mortgage rates plunge: The fed disagrees!

60% chance mortgage rates plunge: The fed disagrees!

We are at an interesting crossroads in the economy.  The Federal Reserve and economic data show that the economy is very strong with consumer spending and confidence at all-time highs. At the same time the bond market is portraying a different picture after a new...
Jobs report ignites bull market. When is the next recession?

Jobs report ignites bull market. When is the next recession?

The jobs report last week was a welcome surprise beating expectations with 266k jobs created, almost 50% more than expectations.  This is the lowest jobless rate since 1969 underpinning a strong consumer that continues to spend and drive the bull market.  What does...
Federal Funds rate drops again creates a “floor” for real estate

Federal Funds rate drops again creates a “floor” for real estate

The Federal reserve dropped the federal funds rate again which wasn’t a big surprise as the market was pricing in a 96% probability of a rate cut.  This is the third cut this year effectively creating a “floor” under real estate.  How did the federal reserve create a...