After years of plowing money into boosting production and thus depressing oil prices, the U.S. shale patch emerged from the pandemic-inflicted slump with unwavering
Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this
Mortgage rates in the U.S. resumed their upward climb, reaching the highest level since August 2009.
Federal Reserve Chairman Jerome Powell beat back the market’s most aggressive predictions for the path of interest rates Wednesday, setting off a dovish surge
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded.
In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
When we were reading through real estate data this month, three stats caught our eye. The first: That the number of active foreclosures …
The current housing market is an interesting one, to say the least. Right now, home prices are up on a national level while borrowing
Jerome Powell doesn’t like to bless bets in financial markets, but he could shift the needle this week on how high investors expect the
The first shipments of Russian coal and crude oil, paid for in yuan, will arrive in China in April and May, respectively.
In the week ending April 28, 2022, mortgage rates fell for the first time in eight weeks. 30-year fixed rates slipped by 1 basis
After a tumultuous week of violent lurches higher (but mostly lower), the S&P 500 has ended April with its worst start to a year
Both incomes and spending were expected to rise MoM in March and they did with spending rising 1.1% MoM (almost double the 0.6% rise
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off.
After the unexpectedly large drops in new- and existing-home-sales, analysts expected pending home sales to also fall in March (though only modestly) and they
Sales of new U.S. homes fell in March to a four-month low, indicating high prices and surging borrowing costs are putting more of a
Analysts expected a 3rd straight month of declines in new home sales in March, but they did not see this bloodbath coming. New Home
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