What’s happening: Today’s Fed hike is effectively certain, 92.4% in CME pricing to near 100% in OIS, with the real question being whether the new Summary of Economic Projections validates the four-hike path already priced through December 2027. Tomorrow’s BoE vote count may be almost as predictable after UK headline CPI accelerated from 2.9% to […]
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Jim Cramer has a warning for investors. On his September 11 Mad Money segment, the host said today’s market looks similar to the fall of 2018, a stretch that ended in one of the worst Read more…
Real estate technology company Zillow reports that the 30-year fixed-rate mortgage (FRM) is holding at its highest level in a year. And the firm has a major prediction: “Newly pending listings, a forward-looking measure of Read more…
Fidelity Investments tracks 401(k) savings for more than 25 million American workers. Every quarter, those savers measure retirement progress by checking whether the account balance went up or down. The number that drives long-term retirement Read more…