Mortgage Demand Lowest In 22 Years
Mortgage demand continues to drop, as rates have begun increasing again, and housing sales have begun to decline due to a lack of listings. According to the Mortgage Bankers Association’s…
Trends Make The Portfolio
Mortgage demand continues to drop, as rates have begun increasing again, and housing sales have begun to decline due to a lack of listings. According to the Mortgage Bankers Association’s…
Bank of America recently produced a note examining their client behavior for indications of investor sentient, and it found investors did not behave as if they thought a recession was…
High gas prices may be beginning to erode into demand at the pump. Several strategists recently weighed in on what will happen as consumers dial back demand in the face…
The Organization for Economic Cooperation and Development has joined the growing chorus predicting an economic downturn approaching, although it is downplaying the possibility of a longer period of stagflation. In…
A virtually unknown part of the financial market which has proven uncannily accurate reading inflation is predicting an annual headline rate on the CPI of 8.5% or higher for the…
The World Bank issued warning that many countries are going to enter recession, as it cut its global growth projection for the year to 2.9%, from the previous prediction of…
Ted Pick, head of institutional securities at investment bank Morgan Stanley, said last week that the market is likely to exhibit increased volatility as the economy ricochets back and forth…
US stocks ended the day Monday up slightly after a rally in the morning gave way and lost ground later in the day. The S&P 500 rose more than 1%,…
Tesla CEO Elon Musk said he expects his company’s total headcount to rise despite the 10% staff reduction he predicted in an email to employees. According to Musk in a…
To the surprise of many, inflation has proven quite persistent for a full year now, even as the numbers at the end of April showed an 8.3% rate. Looking back…