Why are Housing Inventories Low?

Written by John Lounsbury Econintersect: The question asked in the headline is the title 0f an Economic Letter Economic Letter posted by William Hedberg and John Krainer of the San Fransisco Fed. They point out that inventories of houses on the market have been quite constrained even as house prices have risen significantly in many …

The Great Debate©: Is the Fed Destroying the Dollar?

Written by John Lounsbury There are two diametrically opposed camps on this question. This Great Debate© presents arguments from each side. First, Daniel R. Amerman, CFA, MBA will explain why he thinks inflation is the tool of choice (although he does argue at one point that the Fed has “effectively no choice“) and what the …

2014: Should Be A Strengthening Economy

Written by John Lounsbury and Steven Hansen Economic predictions are not to be taken that seriously as they are an extrapolation of today’s knowledge – and introduce significant opinion to reach a particular conclusion. Our projections this year have more certainty than our previous projections (which may not be a very high bar to exceed) …