Markets US markets on Friday and after Thanksgiving joined the rebound in yields in Europe on Thursday. Investors apparently found that enough frontloading on (Fed & ECB) rate cuts had been discounted. Eco data didn’t provide much counterarguments. German IFO business confidence rose slightly (87.3 from 86.9), the third consecutive gain. Still, IFO concluded the […]
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For those hoping to buy a home soon, employment data is a double-edged sword. In my years of reporting on the real estate market and mortgages, I’ve witnessed the good and the bad of unemployment‘s Read more…
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