Moody’s chief economist Mark Zandi said Friday that US existing home sales have bottomed out. The combination of high mortgages and expensive homes have kept buyers out of the market, but US incomes also play a role, he said. Meanwhile, mortgage rates have fallen for six consecutive weeks, the longest drop since 2008. Loading Something …
Homes Won’t Be More Affordable Until 3 Things Happen: Mark Zandi Read More »
Bitcoin (BTC) failed to deliver a Santa rally for Christmas 2023 as Dec. 25 offered even more sideways BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin volatility index plumbs lowest ever levelsData from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a tight trading range around $16,800.The pair had stubbornly refused to …
BTC price foreigners Santa rally as Bitcoin volatility hits record low Read More »
If the US job market continues to weaken next year, companies would be emboldened and might pull back on letting employees work remotely. Executives generally fall into two camps on working from home, which emerged during the COVID-19 pandemic when workers gained leverage during a tight labor market. Some believe it has advantages, like happier …
Can remote work survive weakening US job market? Read More »
Bitcoin (BTC) whales have been selling their assets aggressively while retail investors have been accumulating the coins simultaneously throughout 2022.Bitcoin whales are defined as holders with more than 1,000 BTC, while retail traders are holders with one BTC or less. that retail investors’ BTC holdings since 2018 have doubled to 3 million from 1.5 million. …
What does retail investors aggressive Bitcoin purchase mean for the market? Read More »
‘It’s a bit like musical chairs right now’: Big employers like Google, IBM no longer require college degrees in a tight job market, but experts warn that may not lastDropping your kid off at college has long been a milestone for parents just as much as their teens. But is getting a degree going the …
Darren415 This article was first released to Systematic Income subscribers and free trials on Dec. 18. Welcome to another installation of our CEF Market Weekly Review where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview …
CEF Weekly Review: Ignore Yield-On-Cost Outside Of Tax Considerations Read More »
William_Potter (This article was co-produced with Hoya Capital Real Estate) Introduction Emerging Markets stocks are considered riskier than US or other Developed-Market stocks. Small-Caps are considered risker than both Large-Cap and Mid-Cap stocks. These two ETFs combined both of those risker categories into their investment strategy. Here I will explore how that has worked for …
EEMS Vs. FEMS: Comparing Small-Cap Emerging Market Equity ETFs Read More »
Dec 25 (Reuters) – Saudi Arabian stocks climbed on Sunday in response to Friday’s rise in oil prices, while most other bourses in the Gulf were in the red on global economic concerns. Oil prices settled about $3 per barrel higher on Friday for a second straight week of gains after Moscow said it could …
Saudi ends higher on oil prices; most Gulf markets in red Read More »
Most readers would already be aware that Concentrix’s (NASDAQ:CNXC) stock increased significantly by 14% over the past three months. Since the market usually pays for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on …
Is The Market Following Concentrix’s Strong Fundamentals? Read More »
More evidence for the housing market downturn came this week, as a slew of housing market readings came in worse than expected. Now, there appears to be anecdotal evidence to confirm the same. What Happened: Bill Gates has listed for sale the three-bedroom New York City apartment that he bought for his daughter Jennifer in …