This week on Inside the Economy with SH&J, we discuss the recent Federal increase in interest rates and the likelihood of additional increases in 2017. How will the higher interest rates impact us in the Denver real estate market? Will we see a push on wage inflation in 2017? Listen in to hear our last economic update for 2016!
It is no surprise that the Fed elected not to raise interest rates this month, although the Consumer Price Index is creeping back to the level the Feds are seeking. In addition, funds from Japan and the Eurozone continue to flood into U.S. based investments and will likely remain here for the foreseeable future. Why is this important? Listen in to hear this week’s economic update.
If you have any questions or topics you would like addressed, please let us know in the comments section below and we will cover them during our next recording on October 10th.
This week’s Inside the Economy with SH&J provides updates on the jobs report released last week and the effect it had on the bond market as well as the likelihood for the Federal Reserve to raise rates in June. An increase in average hourly earnings has created a concern about increased automation leading to elimination of some minimum wage jobs or jobs going to more highly educated individuals. Listen in to hear more on the continued inflow of new money into the U.S. from overseas in search of safety and liquidity.
Larry Howes covered a gamut of information this week including the possibility of a Federal Reserve rate increase, consumer confidence, real estate, and oil’s slow recovery. His commentary led to many investigative questions from the team on everything from unemployment to Mexico’s supposed recovery and especially China. Larry discussed China’s “fundamental flaw” and went into depth on their unrealistic drive to become a consumer economy saying, “China wants to become a consuming economy, but you need income to be a consuming economy.” Don’t miss one of the best economic discussions the SH&J team has had in some time. Listen in!