The American Dream of owning a home has fallen victim to rising prices and ever-higher interest rates. The term “American Dream” wasn’t created to cover homeownership, although that’s largely the way things turned out. The Read more…
EURUSD is underperforming after the pullback off the 200-period simple moving average (SMA) around 0.9920. The pair is approaching the near-term uptrend line near the 0.9900 psychological mark and the 20-period SMA. The RSI is Read more…
US initial jobless claims rose 29k to 219k in the week ending October 1, above expectation of 205k. Four-week moving average of initial claims rose 250 to 206.5k. Continuing claims rose 15k to 1361k in Read more…
Stocks futures are lower Thursday, taking the life out of the recent rally, while Treasury yields rise. Stock futures were falling Thursday as the rally that began the fourth quarter continued to lose steam. Stocks Read more…
Stocks are slightly higher Thursday, as jobless claims rise, as markets look to get back on track. Stocks were edging higher Thursday as Wall Street looked to get out its recent slump. The Dow Jones Read more…
The accounts of ECB’s September 7-8 monetary policy meeting showed that a “very large number” of committee members expressed a preference for a 75bps hike, which was “a proportionate response” to upward revisions to inflation Read more…
Famed podcaster Bill Simmons made a big point as to why things are about to change for Sin City’s potential NBA expansion team. It wasn’t long ago that Las Vegas, arguably the number one city Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 7-8 September 2022 1. Review of financial, economic and monetary developments Read more…
You may like where you live, and you may be able to afford it in retirement, so stay put. But if you’re looking for a cheaper place to go, this list can get you started. Read more…
AUD/USD started the week with huge gains, but has been in calm waters since then. In the European session, the Australian dollar is trading at 0.6478, up 0.17%. Retail sales points to slowing economy The Read more…