Scott Minerd, chief investment officer at Guggenheim, tells CNBC that if he was given $10,000 with a five year investment horizon he would not invest in stocks but would probably put the money into art or real estate.
Newsfeed: Scott Minerd Says Art and Real Estate Top Stocks for 5-Year Horizon Read More »
WSJ reports that millions of Americans with subpar low credit scores are falling behind on paying their credit cards and automobile and personal loans. This is an ominous sign the ‘strong consumer’ narrative is cracking.
Newsfeed: Cracks Appear As Subprime Borrowers Miss Loan Payments Amid Recession Threats Read More »
Tune in to this exciting episode as we tackle these topics and more with entrepreneur and former NFL player Chris Gronkowski!
The signs that the U.S. economy is starting to fall apart are rising to the surface, further indicating that a recession is likely on its way.
Newsfeed: Economic Indicators, Led By Mortgage Rates, Are Flashing Red Read More »
The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.
Newsfeed: A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs Read More »
US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021…
Newsfeed: Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid Read More »
A fee on US commercial mortgages has surged so high that borrowers can’t ignore it and may not be able to afford it.
Newsfeed: A 900% Jump in Hedging Costs Looms Over Commercial Mortgages Read More »
There’s no way around it: if the Federal Reserve is going to get runaway inflation back under control, it’s going to cause some economic damage along the way.
A combination of high inflation and slowing growth is setting the U.S. on a path to stagflation, according to a renowned former Federal Reserve economist Stephen Roach.
Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors®.
Newsfeed: Existing-Home Sales Retract 2.4% in April Read More »