The British pound could fall further and reach parity with the US dollar, according to hedge fund manager Crispin Odey. “I don’t think you can start getting bullish on sterling,” the founder of Odey Asset Management told the Financial Times. His firm’s flagship European hedge fund is up about 145%, mostly after shorting government bonds… Continue reading Hedge fund manager who is up 145% this year says the British pound isn’t done falling after hitting record low
The US economy could be grappling with deflation in the next 6 months, and the Fed could be forced to pivot in the face of demand destruction, ARK Invest’s Cathie Wood says
The US economy could be grappling with deflation in the next six months, Cathie Wood said Tuesday. She warned the Fed could be underestimating demand destruction, meaning future rate hikes won’t be necessary. That could lead the central bank to pivoting from its rate hike policy soon. Loading Something is loading. The US economy could… Continue reading The US economy could be grappling with deflation in the next 6 months, and the Fed could be forced to pivot in the face of demand destruction, ARK Invest’s Cathie Wood says
Home-prices growth slowed by the most on record in ‘forceful deceleration’ in July, S&P Case-Shiller says
Growth in house prices slowed at the fastest rate on record in July, according to the S&P CoreLogic Case-Shiller index released Tuesday. House prices across the US increased by 15.8% in July over the same month last year. That rate was 18.1% in June. Mortgage rates have jumped to more than 6% this year as… Continue reading Home-prices growth slowed by the most on record in ‘forceful deceleration’ in July, S&P Case-Shiller says
Lumber prices fall to a new 2022 low as housing market cools and mortgage rates approach 7%
Lumber fell 20% over a four-day period ending on Monday, hitting its lowest level of 2022.The essential building commodity has been rocked by soaring mortgage rates and a slowing housing market.The average 30-year fixed mortgage rate inched closer to 7%, according to Mortgage News Daily. Loading Something is loading. Surging mortgage rates and a slow… Continue reading Lumber prices fall to a new 2022 low as housing market cools and mortgage rates approach 7%
Save 30% on this HyperX Gaming Headset at Amazon
Gaming may be the ultimate form of escapism, but access to these digital worlds doesn’t come cheap. Even opening the latest 8-bit indie title requires some good hardware and it can add up fast. But right now, there’s a great sale on this HyperX gaming headset that is being called better than the expensive brands. Read… Continue reading Save 30% on this HyperX Gaming Headset at Amazon
Target Deal Days Are Back: Here’s What To Expect
We’re still a few months away from the primetime holiday season, but sale season is already starting in full force. Amazon just announced the Prime Early Access Sale for Oct. 11, but Target (TGT) is starting even earlier. The retail giant is bringing back its “Target Deal Days” shopping event from Oct. 6 through Oct.… Continue reading Target Deal Days Are Back: Here’s What To Expect
Amazon’s Prime Early Access Sale is Official. Here’s What You Need to Know
While we just had Prime Day in July, Amazon is back again with another two-day sale. The Prime Early Access Sale kicks off on Oct. 11 at 3 a.m. Eastern and runs through the end of the day on Oct. 12. Just like Prime Day, this is an exclusive sales and savings event for Prime… Continue reading Amazon’s Prime Early Access Sale is Official. Here’s What You Need to Know
Tax Moves to Consider Now to Reduce Tax Bill Later
Yes, we’re in the middle of August and the 2023 tax season is still 8 months away. But, believe it or now, there are some tactical tax moves that you can and should take now to reduce your tax burden. So, what are they? In the video above, Lisa Greene-Lewis, a TurboTax pro, reveals a… Continue reading Tax Moves to Consider Now to Reduce Tax Bill Later
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