History, especially the Black Death, allows us to study how economies recover from pandemics. COVID is different because governments have responded to the pandemic as if it was a war.
“How much house can I afford?” This the most important question in the real estate market. Every potential buyer wants to know how much they can afford before they start looking at homes. Before 2000, the answer was easy. Now, buyers could see values decline in the next few years as mortgage rates threaten buyers.
Retail sales reached a record high in March. The biggest gains were in clothing sales, restaurants, sporting goods and autos. Retailers should be placing orders with suppliers to replenish their depleted inventories.
The Fed has acknowledged that inflation will increase in the coming months. Evidently, the White House believes we should ignore the data, and their adjustments of wage growth.
Contrary to headlines, many employees are satisfied with their wages. Data shows 63.9% of respondents are satisfied with their wages, a record high.
Enter your username and password below
