The Fed may have broken the US housing market, according to top economist Mohamed El-Erian. That’s because interest rate hikes have helped drive up mortgage rates, weighing on both supply and demand. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. The… Continue reading The Fed may have destroyed the housing market by crushing both supply and demand, top economist Mohamed El-Erian says
Zillow thinks US home prices are set to surge more than 6% in the next year
US home prices are set to surge as high mortgage rates keep inventory tight, Zillow says. The real estate listings site predicted a 6.5% increase in home prices by July 2024. Other firms are predicting a slight decline in home prices by the end of the year. Loading Something is loading. Thanks for signing up!… Continue reading Zillow thinks US home prices are set to surge more than 6% in the next year
China’s attempt to rescue its stock market is failing as mainland equity rally falls flat
China’s efforts to prop up its stock market over the weekend led to brief rally that fizzled out on Monday. The CSI 300 stock index initially jumped 5.5% but later pared gains to just 1.2%. That came as global investors sold a net 8.2 billion yuan ($1.1 billion) of mainland stocks. Loading Something is loading.… Continue reading China’s attempt to rescue its stock market is failing as mainland equity rally falls flat
30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager
Max Wasserman manages a portfolio of 30 dividend-paying stocks. He adds positions he expects will be good bets for the next three to seven years. He bets on companies he believes are also well-priced. Inflation cooled in July from a year ago. And while the consumer price index is a far cry from last year’s… Continue reading 30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager
Top tips to cope with an expensive back-to-school season
Watch: Kelley Keehn has some creative ideas on how to budget for school expenses as the cost of living soars Published Aug 27, 2023 • Last updated 20 hours ago • < 1 minute read School supplies are more expensive this year thanks to higher inflation. Photo by Cole Burston/The Canadian Press Kelley Keehn, founder of… Continue reading Top tips to cope with an expensive back-to-school season
What Are Defensive Stocks?
If there’s anything the past few years have taught investors, it’s to be ready for anything. The stock market is currently on the rise – especially now that it seems the Federal Reserve is nearing the end of its rate hike cycle – but investors should still consider defensive stocks as part of a well-rounded… Continue reading What Are Defensive Stocks?
‘Coldplay dollar’ and ‘Qatar dollar’ highlight Argentina’s bizarre currency system as it weighs ditching the peso
Argentina’s economic burdens have spawned a number of dollar-peso exchange rates. It’s the result of the government’s capital restrictions on dollar outflows. They include a black market dollar rate, as well as the “Coldplay” and “Qatar” rates. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re… Continue reading ‘Coldplay dollar’ and ‘Qatar dollar’ highlight Argentina’s bizarre currency system as it weighs ditching the peso
A turbulent few years for stocks has led to a boom in therapy services for stressed out traders
After a stressful few years for stocks, traders are flooding the offices of therapists and mental health professionals. Trading is always somewhat stressful, but intense losses in 2022 made it even worse, traders say. Wall Street is seeing elevated rates of depression, anxiety, and substance abuse, psychologists told Insider. Loading Something is loading. Thanks for… Continue reading A turbulent few years for stocks has led to a boom in therapy services for stressed out traders
Recent Post
