by sslifer | Jan 26, 2024 | Commentary for the Week, NumberNomics Notes
January 26, 2024 The housing sector consists of both new and existing home sales. At the moment, existing sales have plunged to a record low level while new home sales have turned upwards. Why the difference? More importantly, what is the outlook for the housing...
by sslifer | Jan 19, 2024 | Commentary for the Week, NumberNomics Notes
January 19, 2024 Most economists expect the economy to slow in the first half of 2023 and some still anticipate a recession in the months ahead. That appears to be an increasingly unlikely scenario. The economy closed out last year on a strong note and that strength...
by sslifer | Jan 12, 2024 | Commentary for the Week, NumberNomics Notes
January 12, 2024 The next move by the Fed will be to lower interest rates. But when? Before the Fed begins to reduce the fed funds rate, it will first stop shrinking its balance sheet. It has been letting some securities mature each month without being replaced in...
by sslifer | Jan 5, 2024 | Commentary for the Week, NumberNomics Notes
January 5, 2024 The very early economic data reported for December were confusing to say the least. Payroll employment climbed 216 thousand in December which was bigger than anticipated, but the civilian employment measure used in calculating the unemployment rate...
by sslifer | Dec 15, 2023 | Commentary for the Week, NumberNomics Notes
December 15, 2023 Looking ahead to 2024 the economy should largely shrug off the remaining impact of high interest rates and not slip into recession. Inflation should continue to trend lower but its rate of descent will be less pronounced than in this past year. It...
Follow Me