FED CUT AND STRONG ECONOMY
October 31st, 2007Today the Board of Governors of the Federal Reserve lowered its target for the Fed Funds rate 25 basis points to 4.5%. Here is a snippet:
LATEST CASE-SHILLER
October 30th, 2007Standard and Poors has released their Case Shiller index report today. Here are some key points
THE IMPACT OF SUBPRIME
October 28th, 2007The Joint Economic Committees Majority Staff (Democrats) has released their report on the potential impact of the subprime lending crisis. Here is their data and estimates on Hawaii:
MORGAN STANLEY SPEAKS!
October 27th, 2007As you all know, the economists at Morgan Stanley are some of our favorites and we closely follow their daily notes. Here is the latest from today's release:
FIRST HAWAIIAN BANK ON MAUI ECONOMY
October 27th, 2007First Hawaiian Bank has released their annual analysis for the Maui economy going forward and here are the key findings:
TERRIBLE NATIONAL HOME SALES REPORT
October 24th, 2007The NAR today released the existing home sales for September:
CITIGROUP COMMENTARY ON MORTGAGES AND M-LEC
October 15th, 2007In a conference call today
MAUI NO KA OI
October 13th, 2007Of course we knew this already, but it is nice to get outside confirmation.
PRESIDENT OF FEDERAL RESERVE BANK OF ST. LOUIS SPEECH
October 9th, 2007William Poole, President of that institution gave a presentation today to the Industrial Asset Management Council Convention today. Here are some key excerpts:
STATUS OF JUMBO MORTGAGE MARKET
October 8th, 2007Fannie Mae Chief Economist David Berson released his weekly commentary today. His key concern? The state of the Jumbo Mortgage market. In Hawaii, that means mortgages in excess of $625,000.
