When will mortgage rates go down? And will they go down anytime soon? “Anyone forecasting mortgage rates needs to have a lot of humility,” Ali Wolf, chief economist at Zonda Read more
Tag: basic materials
Here are the 5 times traders and stock-market investors got fooled by Fed ‘pivot’ hopes in past year
Not once or even twice, but at least FIVE times in the past 12 months, investors and traders have expected the Federal Reserve to shift toward a dovish, or easier, Read more
U.S. stocks fall, Nasdaq sets new 2022 low after struggling to shake off Fed rate-hike gloom
U.S. stocks moved lower after struggling for direction on Monday, failing to shake off worries about Fed rate rises, as Dow industrials and the S&P 500 remained not far off Read more
When will house prices go down? Some economists see a ‘prolonged slowdown’ — and a decline of up to 20% in house prices.
The real-estate market is taking a beating, with mortgage rates surpassing 7%. “Rates are still rising, and will continue to rise here on out,” Christine Cooper, chief U.S. economist and Read more
A 2022 Nobel laureate in economics says rapid interest-rate hikes pose a threat to the financial system
One of the three Nobel economics laureates, Douglas Diamond, said Monday that the rapid rise in interest rates is a threat to the financial system. At a press conference announcing Read more
Stock futures struggle for direction amid Fed rate-hike gloom
U.S. stock futures were looking for direction Monday as worries about Fed rate rises persisted, with major indexes trading not far off their 2022 lows set at the end of Read more
Get ready for a stormy earnings season with these 12 stocks from Goldman and other strategists.
A not-great start to the week is setting up for Wall Street, which is still smarting from too-strong jobs data and anxiously looking ahead to a CPI update. A fresh Read more
Get ready for a stormy earnings season with these 12 stocks from Goldman and other strategists.
A not-great start to the week is setting up for Wall Street, which is still smarting from too-strong jobs data and anxiously looking ahead to a CPI update. A fresh Read more
Stocks in line for fourth day of losses amid Fed hiking gloom
U.S. stock futures pointed to a fourth day of declines on Monday as worries about Fed rate rises persisted. How are stock-index futures trading S&P 500 futures ES00, -0.14% dipped Read more
Will the stock market be open on Columbus Day?
It’s a regular day of business for the U.S. stock market on Monday, October 10, as equity exchanges stay open for Columbus Day, a federal holiday that also has been Read more