September 15, 2022
“…Billionaire Ray Dalio, founder of one of the world’s biggest hedge funds, has predicted a sharp plunge in stock markets as the U.S. Federal Reserve raises interest rates aggressively to tame inflation. “I estimate that a rise in rates from… Continue Reading…
September 14, 2022
“…“The 30-year fixed mortgage rate hit the 6% mark for the first time since 2008 – rising to 6.01% – which is essentially double what it was a year ago,” said Joel Kan, MBA’s associate vice president of economic and… Continue Reading…
April 18, 2022
“…The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month, the aggregate daily volume on… Continue Reading…
April 6, 2022
“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…
July 12, 2021
“Goldman Sachs… According to TipRanks’ stock analysis, GS receives a Smart Score of 9, meaning the stock is likely to Outperform. The Smart Score is derived from 8 unique data sets, including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment… Continue Reading…
March 18, 2021
“Mortgage rates have been steadily rising this year, but that doesn’t seem to be slowing demand for housing — yet.According to Freddie Mac, the average rate on a 30-year mortgage is now 3.05%, up from the all-time low of 2.67% at the end of… Continue Reading…
June 3, 2020
“If the Federal Reserve is forced to embrace negative interest rates, the gold price will react by breaching the previous all-time high of $1,920 an ounce, according to Standard Chartered. Fed Chairman Jerome Powell has been adamant that negative interest… Continue Reading…
November 23, 2019
“Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon Valley. Savers, on the other hand, have been crushed by near-zero rates.Some of those savers penalized by the Federal Reserve’s… Continue Reading…
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