We all know people who have been looking for a house over the last few months. This search story is similar across the country. Lack of Supply + High Demand = Inflated Prices Pre-2020, a common refrain was that millennials are just not buying houses. That they don’t want to live in the suburbs. That...
Equities advanced last week over the shortened holiday week. The S&P 500 was up 2.7%, led by a rebound in the Technology sector. The NASDAQ was up 3.4% and took its cue from a decline in Treasury yields. Oil prices have been weak as of late and held back equities in the commodity space. Small...
There was a significant drop in personal income in February; it decreased by 7.1% over the month. This is after January saw an increase of 10.1%. The main contributing factor to the decrease was that there were no stimulus checks sent out in February. The January increase was greatly impacted by stimulus payments; therefore, this...
