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Economic News this Week: The first week of the year was a short one with little economic news but good economic news.
The first week of the year was a short one with little economic news but good economic news. On Wednesday the ISM had a stronger number than expected: 59.7& up from 58.2% for November. This is great sign of a stronger economy, and therefore bad news for fixed...
Success Story of the Week: Never give up; just call the right person
James had been out of work for 1 1/2 years - since 2016 - and was having trouble making his mortgage payments. He requested a loan modification so he wouldn’t lose his house, so his credit union gave him a 40-year instead of a 30-year loan and put all the past due...
This week we received economic data on inflation and spending, but all eyes were on the Fed
While most experts thought that they would raise the prime rate, some feared that they may not be giving us a potential for runaway inflation. So let’s go over the data in this week’s week-in-review. Tuesday the Producer Price Index (PPI) was up 0.4% and the core rate...