homes

Several conditions have emerged from the market turmoil

September 30th, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

Several conditions have emerged from the recent market turmoil: tighter credit, deflating real estate, monetary reflation, and a weak dollar. The strong themes emerging from these circumstances are: A) We are probably past the worst and won’t face recession; and B) We will see higher equity markets, stronger export growth and increased commodity prices.

Financial companies […]

We anticipate slow positive economic growth for the US economy

November 30th, 2006|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

We anticipate slow positive economic growth for the US economy. Although industrial and consumer spending is still increasing, the rate of growth is decreasing. On the consumer side, Thanksgiving weekend holiday shopping presented a mixed bag of news as people sought bargains, especially on flat panel and high definition TVs. Thus, retail sales numbers looked […]

August 31st, 2006|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

Last August, Hurricane Katrina struck the Gulf Coast, caused over $100 billion of turmoil, and highlighted the ineptitude of government services to provide effective coordinated relief. This August was much milder; meteorologically and economically. According to the Fed, economic growth has moderated in step with a cooling housing market and lagged increases in commodity prices […]