A housing rebound could be underway, according to three key indicators, Charles Schwab said. High mortgage rates have hurt housing demand, sending the market into a deep freeze. But builder sentiment, sales, and affordability are showing signs of picking up. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Here are 3 signs the housing market may be rebounding
Nobel economist Paul Krugman defends Bidenomics, touting the US’s success in taming inflation
Paul Krugman defended President Joe Biden’s economic track record Wednesday. Inflation has fallen to just 4% in the US, while the jobs market has remained resilient. “America now stands out as having been much more successful than other major economies in bringing inflation down,” Krugman said. Loading Something is loading. Thanks for signing up! Access… Continue reading Nobel economist Paul Krugman defends Bidenomics, touting the US’s success in taming inflation
Is the Stock Market Open on July 4th?
Is the stock market open on July 4th? The answer to this question is no. The stock market will be closed Tuesday, July 4, for the Independence Day holiday. Bond traders will get an early week break, too, with the bond market also closed on Tuesday. What’s more, both the stock and bond markets close… Continue reading Is the Stock Market Open on July 4th?
Best Banks for High-Net-Worth Clients
Best National BanksBest Internet BanksBest Credit UnionsBest Banks for RetireesBest Banks for Families With KidsChaseWhy it won: Chase’s premium checking accounts hit the right notes for customers who keep large balances with the bank. Standout account: Sapphire Checking offers a host of perks and waives the $25 monthly fee if you keep at least… Continue reading Best Banks for High-Net-Worth Clients
Stock Market Today: Stocks Close Lower on Russia Worries
Stocks wavered Monday as market participants tried to process what took place in Russia over the weekend and continued to grapple with last week’s losses – a retreat driven by fears that hawkishness on the part of global central banks could spark an economic downturn. Markets mostly took the short-lived mutiny in Russia over the… Continue reading Stock Market Today: Stocks Close Lower on Russia Worries
The housing market is showing signs of a rebound – and home prices are climbing in these 3 cities the most
S&P CoreLogic’s national home price index climbed in April from the prior month, marking three straight gains. Miami, Chicago, and Atlanta saw the steepest annual price gains in March, data showed Tuesday. “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in… Continue reading The housing market is showing signs of a rebound – and home prices are climbing in these 3 cities the most
These are the bearish signals investors should monitor to stay ahead of a potential sell-off in stocks, according to Bank of America
Bearish signals in the stock market are beginning to percolate following the S&P 500’s rally, according to Bank of America.The bank highlighted various technical signals that have yet to confirm the breakout in stocks.”Dow Theory has yet to confirm a primary bull market from late 2022,” Bank of America said. Loading Something is loading. Thanks… Continue reading These are the bearish signals investors should monitor to stay ahead of a potential sell-off in stocks, according to Bank of America
‘Dr. Doom’ Nouriel Roubini says the world economy is headed for a ‘tropical storm’ that will cause significant financial damage
The economy is likely headed for a “tropical storm” that will entail at least a mild recession, Nouriel Roubini said. The “Dr. Doom” economist warned even a shallow downturn could hurt stock prices and result in damage. Previously, he’s sounded the alarm for a stagflationary debt crisis to hit the US economy. Loading Something is… Continue reading ‘Dr. Doom’ Nouriel Roubini says the world economy is headed for a ‘tropical storm’ that will cause significant financial damage
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