On 11 April, the national average interest rate on a 30-year, fixed-rate mortgage rose .13 of a percentage point to reach 7.1 percent, its loftiest since mid-February, according to Mortgage News Daily (MND).
Tag: recession
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SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
Again, as we have greatly detailed we saw this coming! Back on 2 January of this year we had forecast that Playing The Wild Card would be a Top Trend for 2025... and here we are. And who dealt the Wild Card? It was another one of our Top Trends for 2025... The Trump Card.
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WALL STREET BARONS LOSE HOPES FOR TRUMP’S PROMISED “GOLDEN AGE”
Private equity firms are deferring, if not giving up, the new golden age of major dealmaking and swelling profits they expected when Donald Trump campaigned on promises of lower taxes and a softer regulatory touch.
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SPOTLIGHT: RECESSION WATCH
As analysts read the economic entrails of last week’s market slide, one stock index shows a clear warning of a recession, economists told The Wall Street Journal.
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U.S. INFLATION SLOWS AS TARIFFS THREATEN TO REIGNITE IT
Inflation’s annual U.S. rate registered 2.8 percent in February, compared to 3 percent the month before, the Labor Department reported.
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SPECIAL REPORT: THE U.S. CONSUMER IS TAPPED OUT AND WORN OUT
Rich and poor alike, U.S. consumers are spending less on both wants and needs, the Financial Times reported.
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SO FAR, TRUMP STRATEGY WEAKENS U.S., BOOSTS EUROPE
U.S. investors greeted Donald Trump’s re-election with joy, anticipating tax cuts, fewer regulations, and soaring profits. Stock prices climbed even further beyond the value of companies’ future earnings. The difference between stock prices and the price of government bonds widened to its greatest in 20 years.
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AMID RECESSION, GERMANY SPENDS BIG ON MILITARY, INFRASTRUCTURE
As Germany enters what is likely to be a third year of recession, new chancellor-in-waiting Freidrich Merz has chucked the financial caution that ruled preceding administrations.
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EUROPE’S ECONOMY CONTINUES TO STAGNATE, STUDY FINDS
The Eurozone’s economy has flatlined this month as signs of improvement in Germany were negated by a sharp drop in French business activity, new surveys show.
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EUROZONE ECONOMY REMAINS IN DANGER, NEW DATA SHOWS
Despite a pickup in the services sector, the Eurozone’s economy closed 2024 with a variety of data pointing toward a grim year ahead.
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