Fed expects stronger economic recovery to come

During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met. Continue reading

Rates plunge upon December manufacturing surprise, and a new year’s forecast

The biggest news for the bond markets was the release of the U.S. December manufacturing report as indicated by the ISM Manufacturing Index: It plunged to a five month low — the lowest level in a decade. Continue reading

Yield curve inversion fears are overblown

Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading

Fed probing into cash deals over $300K to prevent fraud

FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered … Continue reading