The Oldest and Most Trusted Real Estate News Magazine

Goldman on Fed Balance Sheet Runoff

By
Goldman on Fed Balance Sheet Runoff

A few brief excerpts from a note today by Goldman Sachs economist Daan Struyven: Balance Sheet Runoff: Sooner, Slower, Safer The debate within the FOMC about balance sheet normalization is now underway. Fed officials have two basic choices. They can rely exclusively on the funds rate for now and leave balance sheet decisions to...
Read more »

LA area Port Traffic declined in February

By
LA area Port Traffic declined in February

LA area port traffic was down in February due to the timing of the Chinese New Year. Container traffic gives us an idea about the volume of goods being exported and imported – and usually some hints about the trade report since LA area ports handle about 40% of the nation’s container port traffic....
Read more »

Wednesday: FOMC Meeting, Retail Sales, CPI, Homebuilder Survey and More

By
Wednesday: FOMC Meeting, Retail Sales, CPI, Homebuilder Survey and More

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:30 AM, Retail sales for February will be released.  The consensus is for 0.2% increase in retail sales in February. • Also at 8:30 AM, The Consumer Price Index for February from...
Read more »

Sunday Night Futures

By
Sunday Night Futures

Weekend:• Schedule for Week of Mar 12, 2017 • Review of FOMC Projections From CNBC: Pre-Market Data and Bloomberg futures: S&P futures are down 3, and DOW futures are down 22 (fair value). Oil prices were down about 10% over the last week with WTI futures at .01 per barrel and Brent at .90...
Read more »

Merrill on the March FOMC Meeting

By
Merrill on the March FOMC Meeting

A few excerpts from a research note from Merrill Lynch: The markets listened to the chorus of Fed officials and are now pricing in near certainty of a hike. With the rate decision on 15 March likely to be a non-event, attention turns to the Summary of Economic Projections and the press conference. We...
Read more »

February Employment Preview

By
February Employment Preview

On Friday at 8:30 AM ET, the BLS will release the employment report for February. The consensus, according to Bloomberg, is for an increase of 195,000 non-farm payroll jobs in February (with a range of estimates between 168,000 to 215,000), and for the unemployment rate to decline to 4.7%. The BLS reported 227,000 jobs...
Read more »

Leading Index for Commercial Real Estate Increases in February

By
Leading Index for Commercial Real Estate Increases in February

Note: This index is a leading indicator for new non-residential Commercial Real Estate (CRE) investment, except manufacturing. From Dodge Data Analytics: Dodge Momentum Index Increases in February The Dodge Momentum Index rose 1.6% in February to 144.0 (2000=100) from its revised January reading of 141.7. The Momentum Index is a monthly measure of the...
Read more »

3 Business Structure Mistakes Real Estate Investors Make

3 Business Structure Mistakes Real Estate Investors Make

Let’s start with: Why have an LLC? There are mainly two reasons why you want any kind of business structure: Pay less tax, and protect your assets. Before you jump into creating your LLCs for your real estate holdings, there are a few things to consider.  Do NOT make these three mistakes. Read the...
Read more »

February NFP Forecasts

By
February NFP Forecasts

A couple of NFP forecasts … From Nomura: Incoming data on the labor market suggest strong job gains in February. Data on sentiment, including the Empire State, Philly Fed and ISM manufacturing surveys, point to better hiring activity in February. Initial and continuing claims data continued to trend lower, implying that involuntary layoffs remain...
Read more »

Sitemap Madbadcat Graphics