Tag Archives: Markets

Housing market too strong for more Fed cuts

By | | Uncategorized
Comments Off on Housing market too strong for more Fed cuts

President Trump has tweeted that the “boneheads” at the Federal Reserve should lower interest rates to “zero” or “less,” but Federal Reserve Chairman Jerome Powell took a more moderate approach. Continue reading →

Central banks scramble to ward off fears of a recession

By | | Uncategorized
Comments Off on Central banks scramble to ward off fears of a recession

Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading →

Fed conference draws harsh reaction from Trump and China

By | | Uncategorized
Comments Off on Fed conference draws harsh reaction from Trump and China

After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading →

BlackRock raises its stake in plummeting Realogy

By | | Uncategorized
Comments Off on BlackRock raises its stake in plummeting Realogy

Investment management firm BlackRock now owns a stake in the real estate holding company valued at approximately 16 percent. Continue reading →

NAR affordability index dips for third straight month

By | | Uncategorized
Comments Off on NAR affordability index dips for third straight month

The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading →