ZeroHedge.com: This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result of […]
The Street.com: Many Americans could deplete their savings this fall, a study says. U.S. households are blowing through their pandemic-era savings, with many consumers’ accounts going bust in the third quarter of 2023, the Federal Reserve […]
FoxBusiness.com: Existing home sales slump in July as supply shortage, high mortgage rates limit buyers’ options. U.S. existing home sales continued to slide in July as a combination of steep mortgage rates and a worsening supply shortage […]
TheStreet.com: The Fed meeting in Jackson Hole, Wyoming will have a big impact on what happens next to the stock market. Wall Street analyst Tom Lee raised lots of eyebrows when he predicted last year that […]
DNYUZ.com: A model Chinese property developer in a sector replete with risk takers is teetering on the edge of default. Short of cash, one of China’s biggest asset managers has missed payments to investors. And […]
RealInvestmentAdvice.com: Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever on record. Something else has […]
Reuters.com: HONG KONG/NEW YORK, Aug 18 (Reuters) – Embattled developer China Evergrande Group (3333.HK) has filed for U.S. bankruptcy protection as part of one of the world’s biggest debt restructurings, as anxiety grows over China’s worsening property […]
FoxBusiness.com: Americans are pouring out of cities with high property taxes and relocating to places like Tennessee in search of lower rates as they try to reduce hidden costs of homeownership. That’s according to a new analysis […]
Yahoo.Finance.com: Stocks have been choppy in August, with the benchmark S&P 500( ^GSPC) lagging over the past month. But the same can’t be said for the Dow Jones Industrial Average (^DJI). The Dow tied its longest […]
FoxBusiness.com: Fitch warns it may be forced to downgrade dozens of US banks, including JPMorgan. A Fitch Ratings analyst on Tuesday warned the agency may be forced to cut the credit ratings of more than […]
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