Bidenomics "Bailed Out By Taylor Swift And Barbenheimer": Q3 GDP Soars 4.9%, Highest Since 2021... It's All Downhill From Here One month after...
Pending Home Sales Unexpectedly Rise Off Record Lows In September, But... After puking 7.1% MoM last month, pending home sales were expected...
Two-year auction demanded a 5.055% yield, lower than prior auction yield of 5.085% Bid-to-cover 2.64x vs 2.73x prior (lower than 1-year average) Flattening...
- by New Deal democratWith no big economic news today, I thought I would pick up where I left off Friday, when I identified three major...
Two events scared the living you-know-what out of the markets last week: 10-year Treasury yields hit 5% 30-year mortgage rates hit 8% The last time either...
You Must Be In 'The Six-Figure Club' To Afford A House The latest housing data shows soaring mortgage rates, elevated prices, and limited...
Is A Financial Crisis Already Here? US Banks Are Closing 100s Of Branches And Laying Off 1000s Of Workers Authored by Michael Snyder via The...
We need to start cutting rates, but there’s something that has to happen first.
A slowdown of the housing market and new home sales and continued fallout from the Covid-19 pandemic pushes this furniture and home decor retailer into...
Stocks earning driven rally supports risk assets USD softer against majority of trading partners Jobless Claims drop to lowest levels since January It’s...
Stocks Purged As Bullion & Bond Yields Surge On Biden, Beijing, & Banks The Gaza hospital attack prompted 'safety' initially last...
CHART 1: MONTHLY CHART OF SPDR S&P 500 ETF (SPY). Considering everything: Yields and mortgage rates War Inflation and rising commodity prices Bank...
Today, in the CalculatedRisk Real Estate Newsletter: 30-Year Mortgage Rates Hit 8.0% Excerpt: Mortgage News Daily reports 30-year fixed rate mortgages rose to 8.0% today (for...
As Mortgage Rates Hit 8%, US Housing Affordability At Lowest Level Since The '80s Update (1320ET): The average rate on the popular 30-year...
Expensive US Retail Stocks Will Soon Succumb To Higher Rates Authored by Simon White, Bloomberg macro strategist, US retail stocks have held...
- by New Deal democratLast month I wrote that:“the biggest news was what happened with units under construction. The total declined slightly, as...
End Of Free Money Plunges German Construction Industry Into Crisis Authored by Wolf Richter via WolfStreet.com, A black swan of sorts no...
'Seasonally-Adjusted' "Good News" Batters Bonds; Biden Bruises Big-Tech Great news everyone!! Bidenomics is working or something. Retail sales...
The journey to a more transparent marketplace can start with mortgage servicers who go above and beyond simply suggesting a pre-foreclosure sale to distressed...
The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 40, down from 44 last month. Any number below 50 indicates...
BofA Reports Best Ever Q3 Earnings Even As Held-To-Maturity Losses Soar By $26 BIllion To Record HiIgh Bank of America, the second largest...
- by New Deal democratIf you’ve paid much attention to the financial press in recent days, you have probably read stories that the yield curve...
A lot has happened in financial markets in the last quarter. Without any further ado, let's look at the changes and major developments in the charts.
No One Seems to Want U.S. Treasury Bonds. Does This Sound Familiar?The slightly-hotter-than-predicted PPI and CPI numbers certainly put a temporary damper...
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from Sabrina Speianu: Weekly Housing Trends View — Data Week...
"Pull It!!" Authored by Jim Quinn via The Burning Platform blog, “The illusion of freedom will continue as long as it’s profitable to...
Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in September A brief excerpt: This is the second look at several...
From Matthew Graham at Mortgage News Daily: Mortgage Rates Sharply LowerThe average mortgage lender is quoting a top tier 30yr fixed mortgage rate that is nearly...
The economy is refusing to go down. If the trend continues, cryptocurrency prices are going to start rising — especially with Bitcoin's halving. ...
The CFPB takes action against alleged mortgage kickbacks, adding more confusion to the boundaries of RESPA. And many firms are unprepared for increased...