September is typically a seasonally weak month because of investors raising capital for estimated tax payments on September 15th, but the second half of September is seasonally stronger. I expect to benefit from the quarter-end window Read more…
The average 30-year mortgage was 3.22 in January 2022, according to Freddie Mac. Before the year was over, it had surged past 7%. People have been wondering when mortgage rates will go back down ever Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Labor Day might not technically be here until Monday, September 7, Read more…
Imagine turning in a report card with five A’s and one B-plus, and getting sent to your room anyway. That is roughly what happened to MongoDB (MDB) this week, and the reaction says as much Read more…
Market Overview The crypto market’s capitalisation has remained within the $2.58T–$2.68T range for almost two weeks now. Having staged an impressive rally from 19 to 22 August, the market has returned to a consolidation phase. Read more…
Highlights Decomposing U.S. core inflation into its key drivers reveals a mixed bag. Despite still-elevated energy prices, the extent of pass-through to core measures has proved minimal outside of a few pockets. Likewise, tariff-driven pressure Read more…
US services activity strengthened more than expected in August, with ISM PMI Services rising from 54.1 to 55.4, above 54.3 consensus and marking a 26th consecutive month of expansion. Demand indicators were particularly strong: Business Read more…
Markets The Japanese yen surges towards its strongest levels since May against the US dollar. USD/JPY changes hands around 156 with the 155 support zone nearing fast. BoJ policymaker Takata kickstarted the JPY’s two-day rally Read more…
ProShares S&P 500 Dividend Aristocrats ETF (NOBL), barely moved on September 1 while the broader market sold off hard. Wall Street’s first trading day of September turned into a rout, and the fund’s calm stood Read more…
One crazy thing I have learned from technology companies is that the first narrative is rarely the final one. Cybersecurity has proved that. When AI took the podium and every headline, the fear was that Read more…