US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: ‘We’ve Witnessed Records Repeatedly Break’
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.
Wall Street Eyes Mixed Start After Memorial Day Break: Tech And Meme Stocks Gain; Analyst Says Sustained Selloff ‘Unlikely’
Index futures point to a slightly higher opening for the market on Tuesday after the long Memorial Day weekend.
Paul Krugman Schools Americans ‘Righteously Angry’ About Soaring Costs: Biden’s Price Levels Mirror Reagan’s Inflation Triumph
The economic policy of Reagan, popularly called Reaganomics, has been deemed a success by most economists.
European Equities Close Higher As Traders Bank On Imminent ECB Rate Cut: What’s Driving Markets Monday?
European equities up, ECB likely to cut rates in June, traders confident. Euro slightly higher. Top performers: RWE, Bayer, VW, Enel, Iberdrola.
Undocumented Immigration Good For Economy? Black Swan Author Nassim Taleb Warns Any Sudden Curb Would Lead To ‘Explosive Inflation’
Inflation has persisted as a significant issue, now emerging as a key factor in the upcoming election.
Investors Fear Mounting US Debt Could Overshadow Bond Rally Ahead Of Presidential Elections
There are also concerns that the uncertainty surrounding the necessary debt for deficit spending could destabilize the $27 trillion Treasury market, a cornerstone of the global financial system.
Cathie Wood’s Comparison Of Current Stock Market And 1930s Great Depression Draws Criticism From Jim Chanos: ‘Complete Financial Insanity’
Ark Invest founder and fund manager Cathie Wood drew flak after she made a bleak assessment of current…
Wall Street On Track To Rebound As Traders Train Eyes On Key Data Ahead Of Long Weekend: Analyst Says Brace For More Gains In Second-Half
Wall Street is eyeing a return to winning ways on Friday after the lackluster sentiment seen in the past two sessions. The index futures held modestly higher in early trading.
VIX Spikes, Dow Sinks As Inflation Jitters Slaughter Fed Easing Hopes: Traders Now Price In Only One Rate Cut In 2024
Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.
Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?
Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.