by Bloomberg.com | Apr 27, 2023 | alerts, Markets/Economy
Decrease in March contract signings missed all estimates ‘Supply is simply not meeting demand,’ NAR economist says US pending home sales fell last month by the most since September, suggesting the housing market isn’t totally out of the woods yet. The National...
by Bloomberg.com | Apr 26, 2023 | alerts, Markets/Economy
The former Treasury secretary said he is ‘not that optimistic’ about the fight against rising prices and that the Federal Reserve lost credibility by acting too slowly. Former Treasury Secretary Lawrence Summers said taming inflation will likely lead to a...
by Bloomberg.com | Apr 26, 2023 | alerts, Markets/Economy
Man GLG’s Cole says markets are pricing in ‘almost no landing’ S&P 500 below 3,000 would reflect cyclical risks, he says US stocks need to drop by more than a quarter from current levels to adequately reflect the looming slowdown in economic growth and company...
by Lance Roberts | Apr 25, 2023 | alerts, Markets/Economy, Real Investment Advice
An old adage says investors should “Sell May And Go Away.” The historical analysis suggests summer months of the market tend to be the weakest of the year. The mathematical statistics prove this as $10,000 invested in the market from November to April vastly...
by Tyler Durden, Zerohedge.com | Apr 24, 2023 | alerts, Markets/Economy
Authored by Michael Snyder via The Economic Collapse blog, Our leaders were able to successfully kick the can down the road for a long time, but now many of our long-term problems are becoming short-term problems, and the economic outlook for the remainder of 2023 is...
by Bloomberg.com | Apr 21, 2023 | alerts, Markets/Economy
Feature-packed Seagull launches into midst of China price war Later version may carry cheaper, safer sodium-ion battery A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co. is set to intensify competition in China’s already crowded...