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Fed PolicyInvestments

Summers’ Fed nomination derailed by Syria

According to the Houston Chronicle, one commentator suggests that emerging issues from democratic senators and the complication of Syria attacks are creating roadblocks in the likelihood of Larry Summers becoming the next Federal Reserve chairman. From the paper:

My guess: If the Syria resolution gets approved, Obama will go for Summers. If it's defeated, Obama will punt where he can by picking an uncontroversial Fed nominee. The key question is whether that means Yellen or someone else who might not be as committed to accommodative monetary policy.

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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