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Real Estate

“Mortgage rates have dropped below 7%”

December 18, 2023

“Mortgage rates continued to drop last week after hitting a 23-year high in October.  Between Dec. 1 and 7, rates for 30-year fixed-rate mortgages fell from an average of 7.05% to 6.95%, according to mortgage finance agency Freddie Mac. This marks the seventh straight… Continue Reading…

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Economy

“25% of Americans still have holiday debt from last year…”

December 6, 2023

“For some shoppers, the upcoming holiday season may lead to piling on more debt. About 25% of Americans are still paying off holiday debt from 2022, according to WalletHub’s November holiday shopping survey… As of November, the average credit card interest rate… Continue Reading…

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Banking, Economy

“Stocks Drop 20% If Bonds Have Inflation Right in JPMorgan Model”

June 9, 2023

“The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility, according to modeling by JPMorgan Chase & Co. strategists… JPMorgan’s view highlights how much investors across different… Continue Reading…

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Real Estate

“84% of recent first-time home sellers have regrets…”

March 15, 2023

“Timing is everything, especially when it comes to real estate. But finding the perfect time to sell your home — especially if it’s your first time — may be a challenge as the residential real estate market fluctuates. A recent… Continue Reading…

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Business

“Billionaire investment guru Warren Buffett issues stark inflation warning: ‘Fiscal deficits have consequences’ – after rate rose to 5.4% and Wall Street saw its worst week of 2023”

February 27, 2023

“Billionaire investor Warren Buffett sent out a clear warning to his shareholders as the Fed‘s inflation measure jumped to 5.4 percent over the last month. In his much acclaimed annual letter to Berkshire Hathaway shareholders, Buffett, 92, warned that ‘huge and entrenched… Continue Reading…

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Economy

“Americans Have Never Lost So Much Purchasing Power In One Year”

July 14, 2022

“EDITOR’S NOTE: It’s a new set of generations experiencing what Silent Gen folks and Baby Boomers had to endure in the 1970s: Americans losing so much purchasing power in a given year. Theirs lasted a decade, while ours is just over… Continue Reading…

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Economy

“72% of workers have regrets about quitting an old job for a new one “

March 31, 2022

“In February, 4.4 million people quit their jobs, according to data from the Bureau of Labor Statistics, and a whopping 6.7 million people were hired into new roles. Workers, not employers, have the upper-hand right now, and many are taking advantage… Continue Reading…

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Economy

“U.S. Food Suppliers Are Having Trouble Keeping Shelves Stocked”

August 26, 2021

“Some of the largest U.S. food distributors are reporting difficulties in fulfilling orders as a lack of workers weighs on the supply chain. Sysco Corp., North America’s largest wholesale food distributor, is turning away customers in some areas where demand… Continue Reading…

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Economy

“Another 2.2 million stimulus checks have gone out. Here’s who received the payments”

July 22, 2021

“…That legislation authorized payments of up to $1,400 per person, plus $1,400 per eligible dependent, for individuals and families who fall under certain income thresholds and also meet other requirements. For the latest tranche, about 1.3 million of the payments… Continue Reading…

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Stocks

“Oppenheimer: These 2 Stocks Have Triple-Digit Gains in Sight”

June 2, 2021

“Aeva Technologies (AEVA)… Rusch rates this stock as Outperform (i.e., a Buy), and his $20 price target implies it has room for 104% growth in the next 12 months… Wall Street generally is even more bullish here than Rusch is. The… Continue Reading…

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