The U.S. economy extended its record long expansion into the third quarter of 2019 as real GDP increased 1.9 percent and beat market expectations. The increase reflected positive contributions from PCE, government spending, residential fixed investment and exports; negative contributions from nonresidential fixed investment and private inventory investment partially offset those gains.[1] American consumers continueContinue reading “Third Quarter, 2019”
Tag Archives: US Economy
Housing Market: Buy or Hold
This article was originally written in June, 2019 Thinking about buying a house? Consider using the Fed’s “wait and see” strategy as your guide. Six months ago we expected to see the Fed push rates higher several times this year. However, recent data and a change in tone indicates we may be approaching a rateContinue reading “Housing Market: Buy or Hold”