Median Household Income Drops October 2021
The median household income fell in 2020 for the first time since 2014, according to the most recent Census Bureau data released in September. Widespread...
Category: Debt/Mortgage/Liabilities
Rates Head Higher – Fixed Income Overview
Rates moved slightly higher in September as markets look to the Fed for indications of a taper. Yields on government, corporate and municipal bonds rose,...
How The Debt Ceiling Came About
Formally known as the statutory debt limit, the United States debt ceiling or debt limit is a legislative restriction on the amount of national debt...
Fixed Income Update July 2021
Treasury bond yields stabilized in the 2nd quarter after rising earlier in the year. Short-term rates rose slightly resulting in a flattening yield curve, an...
National Debt As Percentage of GDP – Fiscal Policy
The three rounds of stimulus spending to combat the coronavirus and its economic affects have contributed to a nearly $4.5 trillion increase in federal debt...
Home Equity Surpasses $21 Trillion
With home prices rising roughly 12% from February 2020 to February 2021, equity levels have risen producing heightened wealth among millions of homeowners. Elevated equity...
Loans May Be Easier To Qualify For As Mortgage Rates Rise
Rising mortgage rates since the beginning of the year have slowed mortgage applications down. Should employment conditions improve allowing more to qualify for loans, then...
Markets Remained Resilient In 2020 – Equity Overview
Equity markets rebounded in a historical fashion from the lows in March 2020 to the end of the year, driven by vaccine optimism, low rates,...
Rates Held Steady Throughout 2020 – Fixed Income Update
Rates remained near historic lows throughout 2020 as ambitious efforts by the Federal Reserve and the Treasury ensured critical liquidity in the fixed income markets....
Rates Rise Slightly In November – Fixed Income Update
Rates rose slightly in November, with the benchmark 10-year treasury bond yield approaching levels not seen in nearly six months. As the yield on the...