Posts published in “U.S. economy”

Fed sending US into a ‘category 5 hurricane,’ Barry Sternlicht says

By The Citizen on July 28, 2023

Starwood Capital Group Chairman and billionaire real estate investor Barry Sternlicht claims Fed inaction has all but ensured a recession is on the way. “Nobody…

What’s a ‘reset’ anyway? A veteran’s take on the Fed chair’s comments

By The Citizen on June 22, 2022

Interest rates and out-of-whack supply and demand have Federal Reserve Chair Jerome Powell calling for a market “reset.” Jay Thompson offers his take on what…

Fannie Mae: Economy will expand nearly 7% in 2021

By The Citizen on February 18, 2021

Fannie Mae’s Economic and Strategic Research Group upgraded its full-year 2021 real GDP growth from January’s projections based on factors, such as growth in consumer…

Residential investments dropped nearly 40% in Q2

By The Citizen on July 30, 2020

Gross domestic product data showed a historic drop in the second quarter, even as new unemployment claims continued to rise. Source: Inman News