REALonomics Alert - Man on Fire!
The heat is going to be turned up today and REALonomics is issuing its first Industry Alert for 2008, a new feature of this blog. All real estate industry participants should track Bernanke’s comments carefully. Tune in to C-Span for details.
It is rare for the Chairman of the Federal Reserve to endorse programs initiated by the Executive or Congressional branches and REALonomics predicts that Bernanke will avoid specific detail endorsements. Make no mistake about it; politicians from both sides of the aisle are looking at the economic situation in terms of potential recession and in true predictable fashion, are calculating political moves that will enhance their longevity.
Bernanke is on fire and under fire. REALonomics is alerting the brokerage, mortgage and title industries to watch this situation closely. More coming! Your comments are welcomed.
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