“Everybody thinks we’re in a recession, except the labor market. We’re seeing signs of cooling off in the stock market and the housing market. But so far it has been Read more
Tag: Economic Performance/Indicators
‘Inflation is going to be stickier than most people imagine’: Inside the obscure market where traders have mostly been right about price increases.
Inflation trader Gang Hu of WinShore Capital Partners in New York is shown. Source: WinShore Capital Partners For the past 20 years, Gang Hu has traded Treasury inflation protected securities Read more
Wells Fargo’s investment arm cuts outlook for stocks, now sees longer U.S. recession ahead
Investors should brace for the start of a U.S. recession in the second half of 2022 and for the stock market to record a roughly 20% retreat for the full Read more
Opinion: Restrictive zoning is the main factor squeezing the supply of housing
One outcome of the COVID-19 pandemic was a significant rise in house prices. Prices rose by 13.5% from March 2020 to March 2021 and by an additional 20.6% from March Read more
Inflation is ‘just too high and doesn’t seem to be coming down’: Fed’s Waller backs big interest-rate hikes
Federal Reserve Gov. Christopher Waller on Thursday said he backs big increases in a key U.S. interest rate over the next several months to drive U.S. inflation lower and make Read more
Fed’s Bullard says there is a ‘good chance’ of a soft landing for U.S. economy
St. Louis Federal Reserve President James Bullard on Thursday said he didn’t see a U.S. recession on the horizon. “We’ve got a good chance of a soft landing here going Read more
Americans are growing ‘increasingly frustrated’ with the economy and gloomy about the housing market, Fannie Mae survey says
Both prospective homebuyers and sellers are feeling increasingly annoyed by the housing market and the economy, according to a new survey. Their frustrations were registered by the Fannie Mae Home Read more
Opinion: The real labor shortage is looming, and everything we’re doing is making it worse
A big change is coming to the U.S. economy: a prolonged period of labor shortages. And nearly everything we’re doing now is making the problem worse. Over the past year, Read more
‘Real Housewives of Beverly Hills’ Star Kyle Richards Lists Aspen Home for $9.75M
Real Housewives of Beverly Hills” star Kyle Richards is making another real estate move. She and husband Mauricio Umansky, founder of the real estate firm The Agency, placed their Aspen, Read more
Mortgage rates fall amid rising concerns over a recession
The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 7, according to according to data released by Freddie Mac on Thursday. That’s down 40 basis points from the previous week — Read more