Today: 5. Nov, 2024
July usually witnesses a spike in home purchases; however, the uptick in interest rates is starting to show its effects. In July, the tally for mortgage approvals slumped to a five-month trough, spotlighting the mounting influence of increased borrowing expenses on the…
Investors are in a heightened state of unease. The Fear and Greed Index from CNN, which monitors seven market sentiment indicators in the US, slid into a zone of “profound apprehension” this past Thursday. This sentiment hasn’t been seen since last March…
Don’t overlook lucrative investments just because they’re based outside the U.S. While America remains a focal point for innovation and its markets are closely monitored globally, this focus often keeps investors from exploring international options. Ignoring global markets, however, can mean bypassing…
Wall Street remains stable, anticipating potential market-defining events later this week. The S&P 500 dipped slightly by 0.1% around midday, following an uncommon rise in August, driven primarily by major tech stocks on Monday. As of midday Eastern time, the Dow Jones…
Currently, US Treasury rates are surging. This spells trouble for the stock market and potential homebuyers. Recently, the US 30-year Treasury bond yield soared to its peak since 2011, while the 10-year note saw its best performance since October 2022. When bond…
