Opinion: Market instability replaces inflation as a major risk, increasing the chances of a pivot by the Federal Reserve

Market instability is the biggest risk for central banks globally, as it replaces inflation, due to the huge amount of leverage. So far, the US Federal Reserve is in luck because there is low volatility in the SPX stock market, -2.11%, even if there is a bear market. Market stability gives the Fed room for … Read more

Dow tumbles 600 points as the stock market sweeps away Wednesday’s rebound

US equities extended losses in afternoon trading Thursday after a series of economic data reinforced expectations that the Federal Reserve will continue to aggressively raise interest rates in an effort to keep inflation in check. How shares are traded The Dow Jones Industrial Average DJIA, -1.54% lost 614 points, or 2.1%, to 29,070. The S&P … Read more

That’s when Vanguard’s chief US economist now thinks we’re “very likely” to enter a recession. And what could be the “biggest risk” you take if we do.

Experts say that with the right savings strategy, you can do a lot to prepare for even the worst economic turmoil. istock With markets posting double-digit losses, inflation breaking decades-old records, and the Federal Reserve steadily rising interest rates, among other factors, the likelihood of a full-blown recession may seem inevitable. And a number of … Read more

Homebuyers are withdrawing contracts in the Sun Belt, particularly in Las Vegas, Phoenix, Tampa and Texas

The tide has turned and buyers are now pulling deals back into the sun belt as rates rise and house prices remain inaccessible. Once pandemic boom cities, 15.2% of homes in Sun Belt cities that had been under contract in August went bankrupt, or about 64,000 homes nationwide saw deals dropped, according to a new … Read more

I am the chief economist of the National Association of Home Builders. These are the 5 things you need to know about the real estate market now

Robert Dietz National Association of Home Builders Many would-be homebuyers are watching as home prices begin to drop and are wondering: What do I need to know now about the housing market? (See here the lowest mortgage rates you may qualify for.) So we asked Robert Dietz these questions. Since joining the National Association of … Read more

I am the chief economist of the National Association of Home Builders. These are the 5 things you need to know about the real estate market now

Robert Dietz National Association of Home Builders Many would-be homebuyers are watching as home prices begin to drop and are wondering: What do I need to know now about the housing market? (See here the lowest mortgage rates you may qualify for.) So we asked Robert Dietz these questions. Since joining the National Association of … Read more

Ray Dalio says stocks and bonds need to drop further, he sees US recession in 2023

As the world waits for the Federal Reserve to deliver what should be its third “jumbo” hike in interest rates, Bridgewater Associates founder Ray Dalio shared a warning to anyone still clinging to the hope that asset prices at the downside may soon recover. According to Dalio, the Fed must continue to substantially raise interest … Read more

Why stock market investors fear a full percentage point Fed rate hike could “unnerve” Wall Street

With US equities and bonds under pressure on Tuesday, some on Wall Street argue that investors are underestimating the possibility that the Fed could make a surprise 100bp hike in interest rates at the end of Wednesday’s two-day policy meeting. . While fed-funds futures traders are overwhelmingly predicting a 75 basis point increase, or 0.75 … Read more

Will the economy get worse? Consider increasing your credit limit before it does.

Relying on a credit limit in a shaky economy is like expecting a weak bridge to withstand a storm and lead you to survival. It is not uncommon for credit card issuers to minimize their risks by lowering credit limits or closing accounts when the potential for economic hardship exists. Credit card issuers took these … Read more