Summary Central banks were in the limelight this week, including the Swiss National Bank (SNB). At its June monetary policy meeting, SNB policymakers opted to raise its policy rate, which was a surprise in terms Read more…
If the PMI data this week comes out worse than expected or Powell seems to be leaning “less hawkish”, interest rate expectations may come down. Activity this week should be based on the follow-through from Read more…
Heading for a recession? This past week felt like a big moment for central banks, collectively, as well as financial markets more broadly. It was the moment when the majority accepted that inflation isn’t just Read more…
In some parts of the country, this is a novel solution to a perennial problem. If you’re hunting for a home, you’ll know that prices are the highest they’ve been in decades – between the Read more…
The winner of the auction can bring up to seven guests to chow down with Warren Buffett at Smith & Wollensky in New York City. How much would you pay to dine with investment legend Read more…
CEO Bob Chapek hinted that one day he may make sports fans’ dreams come true. As a company, Disney is very generous when it comes to its streaming services … to a point. Disney+ features Read more…
Fast-growing market for electric vehicles draws more big players. There’s probably nothing more stress-inducing for Americans right now than going to the gas station. For those who have invested in electric vehicles already, the sting Read more…
The SAFE Act passed its first hurdle in the House of Representatives, but the race is far from over. Federal legalization of cannabis is probably years away from becoming a reality, but the growing number Read more…
The 30-year fixed mortgage rate averaged 5.78% in the week ended June 16, up from 3.11% in the week ended Dec. 30. Soaring mortgage rates are slamming the housing market. For example, pending home sales Read more…
As an entirely new theme park takes shape in Florida, the role of the Harry Potter franchise in the new facility is drawing a lot of attention. Harry Potter is a major part of the Read more…