Michael Burry’s bet against the S&P 500 could prove to be painful, Kevin O’Leary warned. That’s because the index is diversified and shorting stocks is highly risky. Burry made around $100 million betting on the 2008 crisis, but that was a different game, O’Leary says. Loading Something is loading. Thanks for signing up! Access your… Continue reading ’Shark Tank’ investor Kevin O’Leary says Michael Burry’s bet against the S&P 500 is going to be painful, even if he’s right eventually
These 4 charts explain why the housing market isn’t getting affordable anytime soon
Low inventory and high mortgage rates are keeping the US housing market unaffordable. Goldman Sachs revised its forecast for home prices and now see them climbing this year instead of dropping. These four charts explain the state of the housing market and the bank’s outlook. Loading Something is loading. Thanks for signing up! Access your… Continue reading These 4 charts explain why the housing market isn’t getting affordable anytime soon
Best Strong Buy Stocks for a Stock Picker’s Market
There’s plenty for investors to contend with right now including stock market volatility and uncertainty about the direction of interest rates. That’s why those seeking out attractive investment opportunities might want to home in on Strong Buy stocks, or those names that analysts believe can outperform the broader market in the near term. Current market… Continue reading Best Strong Buy Stocks for a Stock Picker’s Market
Stock Market Today: Stocks Close Lower After Fed Minutes
Stocks wavered between losses and gains Wednesday as investors sifted through the latest batch of retail earnings and looked ahead to the mid-afternoon release of the minutes from the Federal Reserve’s July meeting. On the earnings front, quarterly results from Target (TGT, +2.9%) led the headlines today. The discount retailer disclosed lower-than-anticipated second-quarter revenue… Continue reading Stock Market Today: Stocks Close Lower After Fed Minutes
REITs Unveiled: A Comprehensive Guide for Investors
Real estate investment trusts (REITs) have long been a popular investment vehicle, allowing individual investors to access the benefits of the real estate market without the complexities and capital requirements of direct property ownership. REITs offer a unique blend of potential capital appreciation, regular income streams and diversification, making them an attractive option for intermediate-level… Continue reading REITs Unveiled: A Comprehensive Guide for Investors
US stocks fall as Fed minutes show officials think hot inflation could still require more rate hikes
US stocks closed lower on Wednesday after Fed minutes showed officials remain worried about inflation. Policymakers at the July meeting agreed that inflation still poses risk of a resurgence. Markets have been confident in their belief that the July rate hike was the last of the Fed’s cycle. Loading Something is loading. Thanks for signing… Continue reading US stocks fall as Fed minutes show officials think hot inflation could still require more rate hikes
Commercial real estate lending plunged 53% last quarter as sector hits a ‘logjam’
Commercial real estate lending is in a “logjam,” according to the Mortgage Bankers Association. Commercial lending plummeted 53% in the second quarter compared to last year. Experts have warned of trouble in the sector as demand falls and banks pull back on lending. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Commercial real estate lending plunged 53% last quarter as sector hits a ‘logjam’
India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE
India bought 1 million barrels of oil from the United Arab Emirates using its own currency instead of US dollars. The Indian Oil Corp settled a payment in rupees with the Abu Dhabi National Oil Company. Nations including India, Russia, and other BRICS members have been pushing to de-dollarize. Loading Something is loading. Thanks for… Continue reading India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE
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