PORTLAND, Ore.—(Businesswire)—Homeowners in areas around the U.S. continue to face the threat of natural disasters as wildfire, flood, and hurricane seasons converge in late summer and fall months. Beyond immediate safety concerns, the financial aftermath of natural disasters can be devastating.
Jobs, Jobs, Jobs
Just as the three most important considerations for real estate investors are “Location, Location, Location,” the three things both markets and policymakers were focused on this week were “Jobs, Jobs, and more Jobs” … or fewer jobs as it turned out, with today’s report from the Bureau of Labor Statistics (BLS).
Eyes on the Tetons
Each year, central bankers, finance ministers and academics gather in Jackson Hole, Wyoming, for an economic policy symposium (or boondoggle, whichever you prefer).
Higher for Longer
That a notable Silicon Valley bank failure could overshadow significant developments in the labor market is a testament to how attuned investors remain to the unpredictable consequences of the Fed’s ongoing campaign to raise interest rates.