Posted by Leonard Steinberg on August 19th, 2013 It is a certainty that quantitative easing will be tapered: it is not a question of if, as much as when. It’s a new world for what tapering could mean for the markets as we have no historical benchmark. Is tapering an indication that the economy is improving?… [Read More]
RATES TO REMAIN LOW TILL LATE 2014 SAYS THE FED
Posted by Leonard Steinberg on January 25th, 2012 Some good news for the real estate markets (and markets in general): To-day the Federal Reserve pushed back the likely timing of an eventual interest rate hike until late 2014, much later than it had previously said, as it nurses a still-sluggish economic recovery. In a historic… [Read More]