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	<title>Facts Matter</title>
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	<link>http://zayasyounan.wordpress.com</link>
	<description>Just another WordPress.com weblog</description>
	<pubDate>Wed, 02 Jul 2008 16:57:17 +0000</pubDate>
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			<item>
		<title>A Tale of Two Cities</title>
		<link>http://zayasyounan.wordpress.com/2008/07/02/a-tale-of-two-cities/</link>
		<comments>http://zayasyounan.wordpress.com/2008/07/02/a-tale-of-two-cities/#comments</comments>
		<pubDate>Wed, 02 Jul 2008 16:57:17 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=28</guid>
		<description><![CDATA[It is roughly 1,600 miles from both Los Angeles and New York, but Houston sits squarely in the middle of the country and at the epicenter of a soaring economy. With an unemployment rate of 3.7% (lowest in the nation), an economy that is diversifying beyond the traditional oil sector (energy is 26% GRP versus [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/07/02/a-tale-of-two-cities/feed/</wfw:commentRss>
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		<item>
		<title>Precision Needed in Fed Comments</title>
		<link>http://zayasyounan.wordpress.com/2008/06/23/precision-needed-in-fed-comments/</link>
		<comments>http://zayasyounan.wordpress.com/2008/06/23/precision-needed-in-fed-comments/#comments</comments>
		<pubDate>Mon, 23 Jun 2008 21:24:23 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=25</guid>
		<description><![CDATA[Words are powerful and no one understands that more than Fed Chairman Ben Bernanke. Among those who follow the actions of the Federal Reserve, many believe that the Fed will hold rates steady at its meeting this week.  All eyes will be scrutinizing the phrasing of the statement in order to uncover clues to [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/06/23/precision-needed-in-fed-comments/feed/</wfw:commentRss>
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		<item>
		<title>Core Strength in CRE</title>
		<link>http://zayasyounan.wordpress.com/2008/06/16/core-strength-in-cre/</link>
		<comments>http://zayasyounan.wordpress.com/2008/06/16/core-strength-in-cre/#comments</comments>
		<pubDate>Mon, 16 Jun 2008 23:07:46 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=24</guid>
		<description><![CDATA[The consumer price index increased 0.6% in May, the Labor Department noted last Friday. Excluding food and energy, it advanced a modest 0.2%. Wall Street economists had expected a 0.5% rise in the headline and 0.2% core increase.
The surprising strength of the retail market, which came in twice as high as economists predicted, reinforces the [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/06/16/core-strength-in-cre/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Right Time to Focus on Inflation</title>
		<link>http://zayasyounan.wordpress.com/2008/06/09/right-time-to-focus-on-inflation/</link>
		<comments>http://zayasyounan.wordpress.com/2008/06/09/right-time-to-focus-on-inflation/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 06:50:50 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=22</guid>
		<description><![CDATA[In the last two weeks we saw mixed May economic releases, from an expanding non-manufacturing sector and improving chain store sales, to continued declines in payrolls and a surge in the unemployment rate.  Together, they added up to a soft but still growing U.S. economy.  The Fed has been very effective through its [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/06/09/right-time-to-focus-on-inflation/feed/</wfw:commentRss>
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		<item>
		<title>Cautious Optimism in Office Market</title>
		<link>http://zayasyounan.wordpress.com/2008/06/02/cautious-optimism-in-office-market/</link>
		<comments>http://zayasyounan.wordpress.com/2008/06/02/cautious-optimism-in-office-market/#comments</comments>
		<pubDate>Mon, 02 Jun 2008 22:48:35 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=21</guid>
		<description><![CDATA[The GDP grew 1.2 % in the first quarter of 2008. Year-over-year inflation edged lower in April to 3.9 %. In April, core inflation - a more stable indicator because it factors out large monthly swings in food and energy prices - moved lower to 2.3 %. Stable core inflation may be the saving grace [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/06/02/cautious-optimism-in-office-market/feed/</wfw:commentRss>
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		<title>All Eyes Focused on Banking</title>
		<link>http://zayasyounan.wordpress.com/2008/05/27/all-eyes-focused-on-banking/</link>
		<comments>http://zayasyounan.wordpress.com/2008/05/27/all-eyes-focused-on-banking/#comments</comments>
		<pubDate>Tue, 27 May 2008 17:47:52 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=20</guid>
		<description><![CDATA[The financial conditions in the debt markets continue improving, causing yield curves to flatten and spread to narrow further.  Indeed, cash and credit default swap spreads have broadly declined in the U.S. and in Europe, driven by receding risk aversion, more confidence in financial institutions (despite additional write-downs and fairly downbeat earning projections), and [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/05/27/all-eyes-focused-on-banking/feed/</wfw:commentRss>
		</item>
		<item>
		<title>A Welcome Climate Change</title>
		<link>http://zayasyounan.wordpress.com/2008/05/19/a-welcome-climate-change/</link>
		<comments>http://zayasyounan.wordpress.com/2008/05/19/a-welcome-climate-change/#comments</comments>
		<pubDate>Mon, 19 May 2008 16:03:35 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=19</guid>
		<description><![CDATA[The bi-polar nature of the economy made itself known again late last week.  Following weeks of dismal predictions and the prospect of an economic meltdown of cataclysmic proportions, according to former Fed Chairman Alan Greenspan, economists this week posited that perhaps the sky is not falling, according to last Wednesday’s article in the Wall [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/05/19/a-welcome-climate-change/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Forward Thinking</title>
		<link>http://zayasyounan.wordpress.com/2008/05/12/forward-thinking/</link>
		<comments>http://zayasyounan.wordpress.com/2008/05/12/forward-thinking/#comments</comments>
		<pubDate>Mon, 12 May 2008 16:44:59 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=18</guid>
		<description><![CDATA[The GDP growth for the first quarter of 2008 will be revised later this week from 0.6% as reported earlier to 1.2% (hardly any sign of recession?).

The smaller-than-expected trade deficit in March reflects continued import weakness and will add about 0.6% to estimated Q1 GDP growth.  The Commerce Department reported a March trade deficit [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/05/12/forward-thinking/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Shift in Fundamentals and Policy Changes</title>
		<link>http://zayasyounan.wordpress.com/2008/05/05/shift-in-fundamentals-and-policy-changes/</link>
		<comments>http://zayasyounan.wordpress.com/2008/05/05/shift-in-fundamentals-and-policy-changes/#comments</comments>
		<pubDate>Mon, 05 May 2008 18:20:40 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=17</guid>
		<description><![CDATA[The Federal Reserve lowered its Federal funds rate target 25 basis points to 2 percent last week, while issuing a more even-handed policy statement that provides room for the central bank to pause and allow easing to impact the economy (smart move).  The Fed acknowledged that economic growth is likely to remain weak over [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/05/05/shift-in-fundamentals-and-policy-changes/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Time to Pause – Fed’s Next Move</title>
		<link>http://zayasyounan.wordpress.com/2008/04/28/time-to-pause-%e2%80%93-fed%e2%80%99s-next-move/</link>
		<comments>http://zayasyounan.wordpress.com/2008/04/28/time-to-pause-%e2%80%93-fed%e2%80%99s-next-move/#comments</comments>
		<pubDate>Mon, 28 Apr 2008 06:37:00 +0000</pubDate>
		<dc:creator>zayasyounan</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://zayasyounan.wordpress.com/?p=15</guid>
		<description><![CDATA[ Most economists (if not all) believe that the Fed will lower the discount rate by another 25 bps later this week when they meet.  We think it is time for the Fed to pause and stay put. 
 Fed Chairman Ben Bernanke should halt the roaring commodities rally by keeping rates steady. He [...]]]></description>
		<wfw:commentRss>http://zayasyounan.wordpress.com/2008/04/28/time-to-pause-%e2%80%93-fed%e2%80%99s-next-move/feed/</wfw:commentRss>
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