Econ70

Deadly Divorce

09/05/2014

The Friday File: The most expensive divorce, as measured by settlement size, is the $4.5 billion Dmitry Rybolovlev paid to his ex-wife Elena. Second is Alec Wilensein’s $2.5 billion payment to his ex-wife Jocelyn. But, these numbers are likely to…

Special Report: Now, the real concern is how will interest rates rise?

09/05/2014

Economist Elliot Eisenberg’s Special Report for the Tucson Association of REALTORS Septemeber issue.

Bad Ban

09/04/2014

Doing away with the unrefined oil export ban would increase the export price of US oil, making producers, landowners and governments happy. It would also spur more drilling activity which would slightly reduce the world price of oil. That would,…

Weak World

09/03/2014

With Swiss and French economic growth flat in Q2, Germany’s economy shrinking by 0.2% last quarter, Italy in its third recession since 2008 and its economy no bigger than it was in 2000, and now reduced Europe-wide growth from tit-for-tat…

Insignificant Inflation

09/02/2014

With the Fed’s preferred inflation gauge currently running at 1.6% year-over-year, well below the Fed’s 2% long-run target, real personal income growth flat, real household spending declining by 0.1% in July, and inflation in Europe at a staggeringly low 0.3%…

Terrific Ties

08/29/2014

The Friday File: Yesterday was National Bow-Tie Day. Bow–ties were probably first worn by Croatian mercenaries and brought to Western Europe by French soldiers following the 30 Years War (1618-1648). This year about $850 million will be spent purchasing neckware…

Winning Wheat

08/28/2014

In the complex fighting between Russia and Ukraine (R&U), there are unambiguous winners. Wheat is at its highest price in three weeks on fears that R&U, which collectively account for 20% of global wheat exports, may fail to get the…

Gross Growth

08/27/2014

In 2013, ND had the largest rise in Gross State Product; a staggering 9.7% followed by WY at 7.8%, WV at 5.1%, OK at 4.2% and ID at 4.1%. All but ID are energy-rich states. The worst performing state, AK…

Terrific Trend

08/26/2014

The economic data released today were terrific. Two house price indices showed decelerating price appreciation which helps affordability. Consumer confidence is now as high as it was in 10/07 just before the Great Recession and manufacturing activity from MD through…

New Construction Update: How Job Growth, Population Growth and Different Generations Play into Today’s Market

08/25/2014

An article by Nichole DeMario and James McClister featuring Elliot Eisenburg posted on Chicago Agent Magazine.Read New Construction Update: How Job Growth, Population Growth and Different Generations Play into Today’s Market at chicagoagentmagazine.com.

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