This week we have important data coming in on homes selling at a faster rate for the month of April, with new home sales falling by 4.7% from March to April. The decrease in new home sales has raised concerns among analysts, who are closely monitoring this trend. Additionally, initial jobless claims declined by 8,000,Continue reading “Follow the Data (E27)”
Tag Archives: financial
Stocks, Housing, & Crypto (E26)
The stock market has reached new highs, with the S&P exceeding 530. Despite high interest rates, the housing market shows no signs of slowing down nor being affected. Crypto continues to fluctuate between 60k-70k. Concerns arise regarding the national debt and the potential for the Fed to lower rates to facilitate refinancing. This week, theContinue reading “Stocks, Housing, & Crypto (E26)”
Stock, CPI, Crypto, & Housing… (E25)
So many exciting developments unfolded today! GME, or GameStop, experienced a significant surge, likely influenced by a tweet from Roaring Kitty, which sparked renewed interest in the stock. It’s important to remember the inherent risks associated with investing in volatile stocks like GME, and to only invest money that you can afford to lose. Additionally,Continue reading “Stock, CPI, Crypto, & Housing… (E25)”
Down with the Rate Hike Chatter (E24)
The Federal Reserve recently put an end to discussions about raising interest rates. This decision comes as job reports reveal a softening trend, with job openings hitting a 3-year low. Despite persistent unemployment trends, home prices continue to rise. The current Fed Funds rate remains steady, holding at a range of 5.25% to 5.5%. AccordingContinue reading “Down with the Rate Hike Chatter (E24)”
Let’s get ready to rumble! Fed’s rate decision…(E23)
The anticipation of market movements can indeed be quite intense given the current climate of uncertainty. The latest data from the Feds indicating a rise in inflation has certainly sparked discussions and speculations about potential rate hikes to address the situation. The possibility of seeing another rate hike is being heavily debated, with doubts lingeringContinue reading “Let’s get ready to rumble! Fed’s rate decision…(E23)”
Fed speaks next week (E22)
The upcoming release of the latest jobless claims data, alongside the Federal Reserve’s impending decision on interest rates scheduled for May 1st, are crucial events in the current economic landscape. Additionally, there is anticipation surrounding the stock market’s potential rebound from the 495-497 support level to reach 527, as well as the remarkable surge ofContinue reading “Fed speaks next week (E22)”
Fed, Market, & War? (E21)
Jerome Powell is set to speak on April 16th, and with the Consumer Price Index at 3.5%, it appears that rate cuts are unlikely at this time. The market is showing signs of retreat as the elections approach, and the market’s reaction will depend on the outcome. If the current president is re-elected, we canContinue reading “Fed, Market, & War? (E21)”
Fed pause rates (E13)
The Federal Reserve has chosen to maintain current interest rates for the month of November, indicating an intent to assess forthcoming data crucial for determining potential rate adjustments at the December meeting.
Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)
Overbidding on houses is contributing to the upward surge in prices due to the basic principles of supply and demand. As demand for housing increases, particularly in competitive real estate markets, buyers are willing to pay more than the asking price in order to secure their desired properties. This excess demand puts pressure on theContinue reading “Buyer’s continue to overbid! Is low housing inventory driving prices up? (E7)”
Will the fed increase rates? (E6)
This week the Fed will be meeting and determine if a rate hike is necessary. Increasing interest rates will have the following impact: It’s important to note that the Federal Reserve’s decision to increase interest rates is based on its assessment of the overall economic conditions and its monetary policy objectives. The impact of rateContinue reading “Will the fed increase rates? (E6)”