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Economy, Real Estate

“Home Prices Around the World Will Drop Soon, Economist Says. What to Expect”

“Home prices in nations such as Canada, Australia, and the U.S. are on the verge of a decline, Capital Economics’ chief economist writes. But not every country can expect price drops of the same magnitude. Rising rates aren’t weighing on… Continue Reading…

Real Estate

“Manhattan apartment sales fall 30% in June, but prices remain high”

“…New York real estate was on a tear through the early spring, with high prices and strong sales. The median sales price for the second quarter rose to a record $1.25 million, according to data from the firms Miller Samuel… Continue Reading…

Uncategorized

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Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…

Economy, Energy

“Natural Gas Soars 700%, Becoming Driving Force in the New Cold War”

“That’s because natural gas is the hottest commodity in the world right now. It’s a key driver of global inflation, posting price jumps that are extreme even by the standards of today’s turbulent markets — some 700% in Europe since… Continue Reading…

Cryptocurrencies

“Another crypto lender Vauld pauses withdrawals as market crash takes its toll”

“Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld CEO Darshan Bathija said in a blog post on Monday that the company is facing “financial challenges” due… Continue Reading…

Stocks

“Dow falls more than 400 points as Wall Street grapples with recession fears”

“The Dow Jones Industrial Average fell 420 points, or about 1.4%. The S&P 500 dipped 1.5%, and the tech-heavy Nasdaq Composite shed about 1.6%. Concerns about economic growth are hanging over investors as the U.S. market looks to recover after… Continue Reading…

Personal Finance

“Here’s how America’s millionaires are positioning themselves for a recession ⁠— if you’re doing something different, you might want to think twice”

“…1. Mostly nothing — for now Sometimes the hardest thing to do is nothing. But when the market bottoms out, knee-jerk reactions like immediately selling off investments are often the worst thing you can do… 2. Mixing it up when… Continue Reading…

Economy

“Supply chain pressures have ‘eased significantly’ and inflation could be next: Morning Brief”

“…Earlier in June, we learned manufacturers’ delivery times in the New York Fed and Philadelphia Fed’s regions had gotten significantly shorter during the month. Since then, we’ve learned from the Kansas City Fed and Richmond Fed that delivery times also improved in their regions. However, delivery… Continue Reading…