The Real Estate Guru Who LOST IT ALL & Came Back STRONGERReal estate expert Russ Gray opens up about ‘losing it all’ during the 2008 financial crisis and the valuable lessons he learned. READ MORE Mortgage Rates Rise in Early 2024, Homebuying Challenges PersistAs of January 8, 2024, key mortgage rates have seen an increase over the past week. The average rates for both 15-year and 30-year fixed mortgages have risen, along with a climb in the average rate for 5/1 adjustable-rate mortgages. Current rates are as follows: 7.07% for a 30-year fixed mortgage, 6.46% for a 15-year […] READ MORE Recession Predicted for 2024 by Economist Cam HarveyCam Harvey, the economist known for identifying the predictive power of the Treasury yield curve for recessions, warns of a likely downturn in 2024. His model indicates that a recession follows when yields on 3-month Treasury bills exceed those on 10-year notes for at least three months, a situation known as an official inversion. This […] READ MORE Potential Shift in Fed's Interest Rate Committee Dynamics in 2024In 2024, the Federal Reserve’s interest rate setting committee will see new members, leading to speculation about how this might affect the balance between hawks (who favor higher rates) and doves (who support lower rates) in setting monetary policy. The change is a result of the Fed’s rotation system, where four of the 12 seats […] READ MORE 2024 Starts with a Slowdown in Stock Market, Challenging Fed Rate CutsThe “Magnificent 7” stocks, including major tech and consumer giants like Microsoft, Meta Platforms, Amazon, Apple, NVIDIA, Alphabet, and Tesla, experienced a slowdown at the beginning of 2024, following an impressive 107% gain in 2023. This trend was also seen in the broader S&P 500, where mega-caps underperformed and the equal-weighted index outdid the capitalization-weighted […] READ MORE Gold Prices Decline as Markets Reassess Rate Cut ExpectationsGold prices dropped in Asian markets on Monday, continuing a downward trend from the previous session. This decline is largely attributed to the stronger-than-expected U.S. labor data, which led markets to reevaluate the likelihood of early Federal Reserve rate cuts. The unexpected resilience in the U.S. labor market, indicated by the latest nonfarm payrolls data, […] READ MORE 2024 Profit Forecasts Lowered, Dampening Investor ExpectationsThe latest Bloomberg Markets Live Pulse survey indicates that investors’ expectations for blockbuster profits in 2024 might be overly optimistic. According to the survey, half of the 380 respondents believe that the current sell-side analysts’ consensus, predicting record S&P 500 earnings for the year, is too high. The main concern is an economic slowdown impacting […] READ MORE Could Gold Hit $5000 in 2024?Are we heading towards a significant economic shift in 2024? READ MORE Federal Reserve Shifts Focus Away from Recession ConcernsThe Federal Reserve’s recent meeting notes reflect a change in its economic outlook, with the term “recession” notably absent in the minutes from the last three meetings between September and December. This marks a stark contrast to previous meetings, where the word appeared frequently in discussions about a potential economic downturn. In late 2022, Fed […] READ MORE « Previous 1 … 188 189 190 191 192 … 201 Next »