In one of our Top Trends for 2023, we warned of a Middle East Meltdown. Since that time, as we have reported extensively and now it is right in front of everyone’s eyes, the Middle East is melting down.
Tag: U.S. economy
Post
SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST
Echoing Gerald Celente’s July 2020 forecast, Bloomberg’s Markets Live Pulse survey reports that a majority of 919 respondents believe that the market value of U.S. office buildings is due to crash.
Post
U.S. HOUSING MARKET A “DISASTER”
The U.S. housing market has been “a slow-building disaster,” Glen Kelman, CEO of real estate website Redfin, said in a CNBC interview last week.
Post
RALLY IN HOME CONSTRUCTION STALLS
Last spring’s boom in home construction has finally been stomped by high interest rates.
Post
RISING INTEREST RATES SINK MORTGAGE MARKET
The highest mortgage interest rates in 23 years have sunk demand for new mortgage loans to their lowest in 27 years.
Post
FED’S HIGH INTEREST RATES RIPPLE THROUGH THE ECONOMY
Americans shopping for car loans are finding those debts carry interest rates more than twice what they were two years ago. Those same high interest rates are pricing potential home buyers out of the market. (See “Rising Interest Rates Sink Mortgage Market” and “Rally in Home Construction Stalls” in this issue.)
Post
FED’S INTEREST RATE STRATEGY PUTS LEVERAGED LOANS AT RISK
Many companies with special needs for cash or less-than-perfect credit profiles borrowed when interest rates were low to keep their financial houses in order. Now that the U.S. Federal Reserve has not only raised rates but also has vowed to keep them aloft for as much as another year or more, those companies are increasingly at risk.
Post
INVESTORS FINALLY BELIEVE FED’S TOUGH STANCE ON RATES
The U.S. Federal Reserve’s message that it will not cut interest rates any time soon has finally convinced investors.
Post
ECONOMIC UPDATE — MARKET OVERVIEW
It’s all in the numbers. The Dow Jones Industrial Average closed down 430 points today and the S&P 500 fell to its lowest level since the start of June.
Post
THE SYSTEM IS ON THE CUSP OF LOCKING UP, AGAIN!
If you were to ask the average person “what happened during the 2007-2008 Stock Market Crash/Financial crisis?” What caused it? You may hear answers like; “it was brought on by banks who were writing subprime mortgages, giving mortgage loans to anyone with a heartbeat-regardless of if they had a job, or even the ability to make mortgage payments.”