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Andrew Fine

Lic. Assoc. R.E. Broker
Office:(212) 521-5799

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Fed Flash: Rates Remain Unchanged (3/18/15)

Fed Flash: The Fed voted unanimously today to hold rates steady at 0-.25%. While there was plenty of correct speculation that the Fed would remove language reflecting "patience" in regards to a rate increase, the rest of the statement reflected that they will be very patient. A summer rate hike seems to be off the table, and in the short term, both equities and treasuries are rallying. The labor market is robust, but overall economic growth if facing headwinds, most notably the rapid rally in the US Dollar. The Dollar, bad weather, and  losses in the energy industry are digging into the boost in consumer spending resulting from lower energy prices. The new conventional wisdom is that the Fed will increase rates 1/4 point twice between September and December. That sounds reasonable to me, but if I had to guess, I would go with...
Posted to Upper East Side on Thursday, March 19, 2015 at 4:50:25 PM

Could This Be The Healthiest Block In NYC?

If you have been sitting on your duff all winter, it would be best to avoid the stretch on Third Avenue in Manhattan between East 83rd and East 84th Streets, or you may find yourself riddled with guilt! This, people, is perhaps the healthiest block in all of NYC! The dress code is largely spandex, the physiques unusually trim, seems everyone in this neighborhood is obsessed with fitness. You can spin at SoulCycle, if you can get a reservation.   Not your speed? Try sweating it out at The Bikram Yoga studio just above it. Is that a stretch? Then an array of workout flavors at the esteemed Exceed Physical Culture across the street... With all that working out, you are bound to build up...
Posted to Upper East Side on Thursday, March 19, 2015 at 1:46:50 PM

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