The Housing Market’s Rebound Is No Mirage

Real estate can be a lagging indicator, but recent reports suggest it will continue to underpin the U.S. economy… Read More Bloomberg https://www.bloomberg.com/opinion/articles/2019-10-10/housing-is-rebounding-as-federal-reserve-cuts-interest-rates

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10/15: MetroIntelligence Economic Update by P. DUFFY

Consumer sentiment rebounds to three-month high in early October survey Consumer sentiment rebounded in early October to a three-month high of 96.0 as consumers anticipated larger income gains and lower inflation during the year ahead. Still, a slower pace of overall economic growth is still anticipated, including some modest increases in the national unemployment rate during the year ahead. http://www.sca.isr.umich.edu/   Federal Reserve meeting minutes shows slower but positive growth for rest of 2019 and 2020 The projection for U.S. economic activity prepared by the staff for the September FOMC…

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