Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.
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Private equity is stuck in a cycle of fewer exits, fewer returns, and fewer backers willing to sign up for new funds.
The dollar decline comes just as a couple of other key US economic indicators have begun blinking red, too.
A new report by Redfin showed that US home sellers now outnumber by buyers by nearly half a million, the biggest gap on record since 2013.
The Fed was already walking a tightrope over a bottomless pit of stagflation before waves of tariffs came to rattle the line.
Some investors warn that Moody’s and other agencies have understated the risks posed by the US government’s finances.
When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
Combined, Rocket and Mr. Cooper will service a $2.1 trillion loan book across 10 million clients, accounting for one in six US mortgages.
As Kenny Rogers sang, gamblers have to know when to hold them. When it comes to interest rates, so, too, do central banks.
Even with a booming economy in the past two years, US companies are missing loan payments at the highest rate in almost eight years,
It should be said that the top line news from Thursday’s report was, as Larry David would say, “pretty, pretty good.”
The prices that were supposed to be going down “starting on Day One,” as the White House promised, are going up instead.
If the dollar keeps climbing, as it did last week, it could pose a problem for the stock market and the broader economy.
When the Federal Reserve meets again next week, it’s all but certain to hold interest rates steady. What happens after that? Well…
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.