One of our Top Trends for 2025 is “The Trump Card.” As the old Bronx saying goes, “Bullshit has its own sound.”
Tag: Federal Reserve
EXISTING HOME SALES FALL AS PRICES SET A NEW JANUARY RECORD
In January, sales of existing U.S. homes fell 4.9 percent below December’s number, the National Association of Realtors (NAR) reported. The drop was almost twice the 2.6-percent decline analysts had expected.
TRUMP FLIP FLOPS ON INTEREST RATES AGAIN
During his presidential campaign and after taking office, Donald Trump said interest rates must come down “immediately.”
KEY INFLATION MEASURE FALLS TO 2.1 PERCENT IN SEPTEMBER
The Personal Consumption Expenditures Price Index, the U.S. Federal Reserve’s preferred measure of inflation, ran at an annualized rate of 2.1 percent in September, according to government data.
SEPTEMBER CONSUMER SPENDING BEATS FORECAST; JOBLESS CLAIMS FALL
U.S. consumer spending grew 0.4 percent in September, more than the 0.3 percent expected by Dow Jones and much stronger than August’s estimated 0.1-percent gain.
FEDERAL RESERVE’S TERMINAL PHASE FOR THE ECONOMY, AND THE MARKET
Status-Post the latest Federal Open Market Committee/FOMC meeting, (what a joke, “Federal”), which occurred on Wednesday September 18th, 2024, the U.S. has been thrust into what will prove to be THE most economically destructive monetary policy phase of all time.
U.S. MANUFACTURING ACTIVITY SLOWS AGAIN IN JUNE
For the third consecutive month, U.S. factory activity contracted as manufacturers’ cost of materials fell their most in more than a year.
HIGH-RISK BONDS ARE BACK IN STYLE
High interest rates are not keeping investors away from high-yield bonds, also known as junk bonds.
RISING MORTGAGE RATES SPOOK HOME BUYERS
The average U.S. rate on a 30-year, fixed-rate mortgage rose last week to 6.88 percent from 6.82 percent the week before, the Federal Home Loan Mortgage Corp. (Freddie Mac) reported.
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.