April 18, 2016: Bill Watkins, Economist

Bill Watkins, Director Economic Research & Forecasting Cal Lutheran University
Cal Lutheran Economic Research Forecasting

Segment 1
Day 124 with mom’s new hip
Year-to-date # of sales & median price compared to last year
Sales in different price segments
Montecito Sales

Segment 2
Bill Watkins, Economist
“Fiscal Dominance”
How a US President (& other country leaders) can impact the economy
Congress sets tax rate and budget
The President controls the regulatory bureaucracy

Segment 3
Bill Watkins, Economist
Inflation comments
Paul Volcker’s move
Minimum wage
Books to read: Robert Gordon and Tyler Cowen

Segment 4
Weekly Multiple Listing Update