Macquarie head of economics David Doyle joins Catalysts to explain why housing activity levels such as home sales, renovation activity, and housing under construction could have a significant"feedback effect" on Federal Reserve policy.Could that sort of have a reverse effect and make the fed's job harder by fueling price gains in the broader housing market?
Uh just because II I suspect given how low housing activity has fallen relative to what's a normalized level, there's ample scope for it to rebound if the rate drops prove sustainable. -- Steve Ballmer passed Bill Gates on Monday to become the sixth-richest person in the world, the first time the former chief executive officer of Microsoft Corp. has been wealthier than the company’s co-founder.
When it comes to living expenses, the truth is that most Americans subsist on a very thin margin, even if their earnings are solid. With increased costs due to inflation, this has only gotten worse....Over the past year, investors have been very vocal in their desire for the Federal Reserve to cut interest rates while central bank officials have been vocal about keeping them higher-for-longer. -- BlackRock Inc.
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