Author Archives: Erick Gallegos

CPI Print/FOMC Meeting! (E20)

The upcoming CPI print release suggests that inflation may increase due to rising wages, which could lead the Fed to maintain or even raise interest rates for an extended duration. There are two potential outcomes to consider: If the CPI prints higher, rates will likely remain steady or increase, causing SPY to retrace below theContinue reading “CPI Print/FOMC Meeting! (E20)”

What a wild ride! (E19)

The current economic landscape presents an interesting mix of factors. The Federal Reserve maintaining a hawkish stance indicates a cautious approach to inflation and interest rates, which can have widespread effects on borrowing, spending, and investment. The upcoming Bitcoin halving event adds another layer of complexity, as it often impacts the supply and demand dynamicsContinue reading “What a wild ride! (E19)”

Tomorrow’s Decision (E18)

Absolutely, it has been an eventful period for Bitcoin (BTC) with its remarkable all-time highs, and the stock market has also been quite dynamic. The anticipation surrounding Jerome Powell’s upcoming speech, where he will unveil the Fed’s decision on the interest rate, is palpable. The potential outcomes range from a rate hike to a rateContinue reading “Tomorrow’s Decision (E18)”

Cal HFA Details! (E17)

The California Shared Appreciation Loan program eligibility criteria that you don’t want to miss. Eligibility Requirements: To get in on this, at least one borrower needs to be a first-generation homebuyer. First-generation? That’s someone who hasn’t owned a home in the US in the last 7 years. All borrowers should be first-time homebuyers. Your incomeContinue reading “Cal HFA Details! (E17)”

Fed no cut no hike? (E16)

Have you been informed about the recent developments? The Federal Reserve has opted to maintain the existing interest rates, refraining from any increases or decreases. Their decision is contingent upon a thorough examination of inflation, jobless claims, and other crucial data, with a determination to be made during the forthcoming meeting. It is noteworthy thatContinue reading “Fed no cut no hike? (E16)”

Jobless Claims decreased (E15)

The data is in jobless claims were forecasted to be 207k and came in at 187k. Why should you care? It measures the number of individuals that have filed for unemployment. A higher than expected data point would have been taken as negative or bearish for the US dollar, where a lower than expected dataContinue reading “Jobless Claims decreased (E15)”

Another rate pause (E14)

The Federal Reserve has once again opted to maintain its current interest rates, heralding positive developments for prospective homebuyers. Notably, mortgage rates have experienced a decline, currently resting in the 6% range. Consequently, the present moment stands as an opportune period for those contemplating the acquisition of residential property. It is advisable to act swiftly,Continue reading “Another rate pause (E14)”