by sslifer | Apr 9, 2021 | Commentary for the Week, NumberNomics Notes
April 9, 2021 The news from Europe today is focused on continuing lockdowns in France, Germany, Italy, and Spain as a renewed wave of COVID inflections spreads across the continent. The prospects for Asia are being held in check by the so-called Asian Five countries...
by sslifer | Apr 2, 2021 | Commentary for the Week, NumberNomics Notes
April 2, 2021 The jobs gains in February and March reflect the steady re-opening of the country as the pandemic is brought under control. For this reason alone, economic growth in the first and second quarters of this year is going to explode as previously unemployed...
by sslifer | Mar 26, 2021 | Commentary for the Week, NumberNomics Notes
March 26, 2021 Mortgage rates have risen 0.25% to 3.0% and are likely to climb further as the year progresses. At the same time home prices have been rising rapidly. But housing affordability is dependent upon three factors – home prices, mortgage rates, and family...
by sslifer | Mar 19, 2021 | Commentary for the Week, NumberNomics Notes
March 19, 2020 The Fed recently boosted its estimate of GDP growth for the year. It believes that the $1.9 trillion fiscal stimulus package is a sorely-needed tonic for the economy’s woes. It will presumably entice consumers to spend, businesses to start hiring...
by sslifer | Mar 12, 2021 | Commentary for the Week, NumberNomics Notes
March 12, 2021 On March 16 of last year President Trump ordered a national lockdown. As a result, the economy plunged into the deepest recession in its history. It is safe to say that at the time none of us would have expected the economy to be on a roll one year...
by sslifer | Mar 5, 2021 | Commentary for the Week, NumberNomics Notes
March 5, 2021 Payroll employment jumped by 379 thousand workers in February which was a much larger increase than had been anticipated. As impressive as the February jobs gain was, it was held in check by the severe winter weather which dampened both employment and...
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