For all the talk of abnormal times and changes
in underlying economic fundamentals, the Fed is pinning its hopes on a very conventional premise — that the U.S. consumer will keep spending at recent strong rates, encouraged by low unemployment and the apparent beginnings of higher wages.
Fuelled by a healthy demand,
sound underlying economic fundamentals, as well as a continuing low interest rate environment that contributes to supporting affordability, August marked the fifth month in a row of price appreciation.
Lawrence Yun, chief economist for the National Association of REALTORS ® (NAR), also agrees that the sharp decline in stocks should not significantly impact the housing market because «
underlying economic fundamentals remain strong,» according to REALTOR ® Magazine.
Fortunately,
the underlying economic fundamentals have provided the necessary impetus for institutional fund managers to step in on each pullback and support the integrity of the primary uptrend.
Won't the fact that every day vanguard is buying the S&P 500 index ensure that the companies already listed on the S&P 500 are likely to remain there regardless of
their underlying economic fundamentals?
«We actually boosted our rent forecasts up slightly after the first quarter... just because of updates to our outlook for
the underlying economic fundamentals,» says Doremus.
We believe the region's
underlying economic fundamentals are among the best in the nation and rival those of San Francisco and West Los Angeles, two of our core markets.
The rise is indicative of strong
underlying economic fundamentals, says BMO Financial.
«Steady economic growth and a healthier labor market suggest that
the underlying economic fundamentals remain in place for a continued recovery.»