In This Issue…
A Look Into the Markets
Economic Calendar for the Week of September 8– September 11
A Look Into the Markets
With the summer unofficially ending Labor Day weekend, what we have seen so far this year is out of the realm of normality. A strong economy and labor market were seen in January and February, only to reverse that strength as the pandemic-induced shutdown decimated the U.S. economy. Millions of Americans lost their jobs. Stocks crashed while yields and rates plunged.
Fast-forward to the present day, and we see both the economy and labor markets perking up. In addition, we could see the shortest recession on record here in the U.S. The housing sector has been a beacon of light in the economy, fueled by low rates and the rebound in the job market.
Bottom line: With the help from the Federal Reserve and Congress, the economy should continue to rebound in the months ahead as we move into the holiday season.
If you or someone you know has questions about home loans, give me a call. I’d be happy to help.
Economic Calendar
We are ready to help you find the best possible mortgage solution for your situation. Contact Sheila Siegel at Synergy Financial Group today.
