The People’s Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.
High mortgage rates, persistent inflation and economic woes are making expensive parts of the country less attractive and relatively affordable places more popular. Migration out of Los Angeles, New York, Washington, D.C. and Boston has picked up from last year.
A new analysis of IRS data reveals the mass migration of Americans from blue states to red states and the significant ramifications as a result of the widespread resettlement.
Apartment construction activity in the U.S. is at a record high, led by some key markets that are logging significant building rates.
Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.
Last year, I pointed out that the foreclosure moratorium, combined with the expiration of a large number of forbearance plans, would NOT lead to a surge in foreclosures and impact house prices …
In an age of macro-economic turmoil and stress, the risk of the tide going OUT is far greater than the odds of a rising tide lifting all boats. So as Warren Buffett famously quipped … “Only when the tide goes out do you discover who’s been swimming naked.” And of course, if that happens to be you …
As The World Turns was one of the longest running daytime soap operas in television history. And yes … there are valuable lessons for investors. From 1956 to 2010, As The World Turns followed the lives of a fictional collection of high-paid legal and medical professionals. Unlike other shows in the genre, which tended towards sensationalism … … As The …
If you’ve ever been in a crowd when something surprising happened … or even in a game of musical chairs, you know … … people respond VERY differently when stressed. Some think, decide and act very quickly. Experience, confidence, coaching, and maturity are all factors. Then there are those who act quickly … without thinking. It doesn’t always end badly, …
That’s right. It’s another episode of our favorite topics from our favorites guests … YOU! It’s time for another segment of Ask The Guys … and we’re ready to tackle the tough questions. We’re touching on 401ks, purging portfolios of problem properties, and how to prepare for what many believe is an inevitable bust. And …
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