February 13th, 2017
New home construction lags previous economic cycles and appears to be shifting away from single-family housing to multifamily rental units. Is this due to a lack of financing for new construction specific to this cycle or to underlying demographics, labor market dynamics, land use and availability, or to behaviors and preferences, especially among millennials that impact demand? To get a perspective on these questions, we spoke with Donald H. Layton, chief executive officer of Freddie Mac.
March 16th, 2017
The House Republicans have put forward the first of a three-part effort to repeal and replace the Affordable Care Act (ACA).1 In this first step, many (perhaps most) of the ACA benefit-related provisions are maintained while most of the taxes levied to fund the ACA are eliminated.
March 29th, 2017
The U.S. dollar staged a major rebound in the fall of 2016. Boosted further by Donald Trump’s election in November, it rose 4 percent between Election Day and December 30, 2016, before losing momentum. The Trade Weighted U.S. Dollar Major Currencies Index looks as if it will close out March 2017 having given back much of its post-election gains.