WHAT YELLEN SAYS TODAY MATTERS

Posted by Leonard Steinberg on november 14th, 2013 Janet Yellen, the President’s nominee to lead the U.S. Federal Reserve, will defend today the central bank’s aggressive monetary easing before a Senate panel that includes many tough Republican critics who believe the volume of money-printing to be excessive. Yellen is likely to remain vague on future Fed actions…. [Read More]

GLOBAL WEALTH REACHES ALL TIME HIGH

Posted by Leonard Steinberg on October 8th, 2013 In the on-going debate about the depth of buyers for the $ 22billion worth of inventory coming to the New York residential real estate market, I thought it wise to evaluate wealth in general…..and luckily a Credit Suisse Report on the subject hit my desk this morning…. [Read More]