Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly higher after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US…
Tag: Interest Rates
Inflation, stagflation and why so many Australians are in trouble
> Inflation, stagflation and why so many Australians are in trouble – YouTube新功能 .
Goldman Sachs’ Lloyd Blankfein on inflation, the Fed and supply chain issues
> Goldman Sachs’ Lloyd Blankfein on inflation, the Fed and supply chain issues – YouTube新功能 .
With the Reserve Bank raising interest rates, could we see another recession? | abcnews
> With the Reserve Bank raising interest rates, could we see another recession? | ABC News – YouTubeYouTube .
3 economists predict when competition in the housing market will decline
When will you see competition decrease in the housing market? Getty Images Mortgage rates on 30-year fixed rate loans have climbed from about 3.5% earlier this year to upwards of 5.6%, and pros say they may go higher (see the lowest mortgage rates you can qualify for here). Home prices too have made a steady…
4 reasons the economy looks like it’s crumbling — and what to do about it
New York CNN Business — The American economy is super weird right now. Pretty much anyone who wants a job can have one. The economy is so hot that prices are surging faster than at any point since the 1980s. The housing market is on fire. Consumers are spending like crazy. Yet we keep hearing…
Inflation will be hard to control if it gets ‘out of hand’: Harvard economist
> Inflation will be hard to control if it gets ‘out of hand’: Harvard economist – YouTube新功能 .
Mortgage Rates Hit 12-Year High; Homebuyers Take a Hit
The woes continue to mount for the housing market, especially prospective homebuyers. The latest bad news: the 30-year fixed-rate mortgage averaged 5.30% in the week ended May 12, the highest since July 2009, according to housing agency Freddie Mac. That compares to 5.27% a week earlier and 2.94% a year earlier . This means a…
Fed rate hikes like ‘hurdles’ for the economy, strategist says
> Fed rate hikes like ‘hurdles’ for the economy, strategist says – YouTube新功能 .
Is a Home Warranty Worth the Money? | Personal Finance
Your home may be your biggest investment, but you’ll need more than homeowners insurance to protect it. While a homeowners policy will cover damage from incidents like fires and falling trees, it isn’t going to pay for a leaking roof or a furnace failure. Fortunately, there is another type of plan that will cover these…