Just too good to be true?

Article Abstract:

The US Federal Reserve Board (Fed) appears to have succeeded in engineering a soft landing for the American economy. 'Soft landing' is a term that economists use to refer to economic conditions characterized by full or almost full employment, low inflation, and an economic growth rate in line with the long-term trend. The US economy seems to have achieved all of these, with employment steadily increasing, the inflation rate remaining at a little above 3% and the 1995 GDP expected to range between 2% and 2.5%, very near the trend rate of US economic growth. The challenge now for the Fed and also for the financial markets is the acceleration of economic growth after a soft landing has been achieved. The Fed could reduce interest rates if the economy shows signs of weakening, but it is likely to raise rates if the economy strengthens. If the latter happens, bond yields are expected to rise while stocks are likely to be adversely affected.

Analysis, Economic aspects, Economic policy, Interest rates, United States. Federal Reserve Board, United States economic conditions, Financial markets

---

Problems with property company accounts

Article Abstract:

Many property companies are being criticized for having inadequate financial statements. Ideally, property companies' accounts should identify the main areas of activity in which the companies operate, whether it be trading property stock, holding investment property or pursuing property development. In practice, few companies do so, preferring instead to provide a vague statement of general objectives. Moreover, property companies' accounts often have unclear property reclassification policies, questionable fixed asset valuations and insufficient information on long-term property contracts.

Subdividers and developers, not elsewhere classified, Real estate developers, Accounting and auditing, Valuation, Real property, Real estate appraisal, Financial statements

---

Similar abstracts:

• Abstracts: Can the Good Returns Continue? Pension Funds and Property: Measuring Performance. Investing in Private Companies
• Abstracts: EMH: Long on Theory, Short on Performance? Property Company Accounts revisited. Is This the Way to Improve Charity Accounts?
• Abstracts: Interest rate term structure estimation with exponential splines: a note. Divergence of opinion in complete markets: a note
• Abstracts: Many home builders still are not required to use the percentage of completion method. How deductions can be maximized during the construction period of real estate
• Abstracts: Rent reviews: the tenant's case. Corporate property finance and owner-occupation. Overcrowding on the property bandwagon

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.