Will Proposed Tax Reform Impact the Housing Market?

Both the House and Senate have put forth tax reform plans that appear likely to succeed.  At this writing, the Senate plan has passed, with several last-minute amendments made to win over key holdouts on the GOP side.  Tax reform will now go to the House, and...
2017 Second Quarter Economic Analysis and Outlook

2017 Second Quarter Economic Analysis and Outlook

Executive Summary The U.S. economy remains on solid footing, with overall strong labor and housing markets, two key drivers of economic performance. Output growth was weak in the first quarter, but due to anomalous factors, as consumer activity remains healthy....
Digital Noise

Digital Noise

No, I’m not referring to the song by the Digital DJs (nor do I recommend listening to it). I’m referring to much of the confusion and erroneous conclusions around digital banking. In this article, we’ll try to clear some of that up. First, there appears to be...
2017 Second Quarter Economic Analysis and Outlook

2017 First Quarter Economic Analysis and Outlook

Executive Summary The U.S. economy is on solid footing, with overall strong labor and housing markets, two key components of economic performance. Output growth has been steady but weaker than desired, and inflation remains low, thanks to still-low energy prices....
A Glimpse at the Futures

A Glimpse at the Futures

No, the title of the article isn’t incorrect; we’re going to be talking about using Fed funds futures to gain perspective on where the market believe rates are heading. But first, some background. The future direction of Fed funds futures is important for several...