Housing Bubble Getting Ready to Pop: Mortgage Applications to Purchase a Home Drop to Lockdown Lows, “Bad Time to Buy” Hits Record amid Sky-High Prices, Spiking Mortgage Rates
Refinance mortgage applications collapsed to lowest since year 2000. By Wolf Richter for WOLF STREET. This just keeps getting worse: Applications for mortgages to purchase a home dropped...
Stocks fall sharply as Wall Street gears up for inflation data
U.S. stocks plunged Thursday as angst grew on Wall Street over key inflation data due out Friday. The S&P 500 tumbled 2.4%, and the Dow...
Could Home Prices Crash As Much As In 2008?
Housing analyst Nick Gerli returns to the program to warn how swiftly the prospects for home prices are eroding. Confidence in the housing market was...
National Average Gas Price Hits Record $5 per Gallon
The national average price of gas reached a record-breaking $5 per gallon Thursday, according to GasBuddy. “It’s been one kink after another this year, and...
Is $5 Gasoline The Limit For U.S. Consumers?
For the first time in history, U.S. motorists are facing the specter of forking over $5 for a gallon of regular gas. Gas prices have...
What Is Stagflation and What Causes It?
The occurrence of stagflation is associated with a situation of general strengthening in the momentum of prices while at the same time the pace of...
Hold Gold As It All Boils Down to Counterparty Risk
When investors choose to buy gold bullion or invest in silver bars they are doing so because they wish to reduce their portfolio risk. One...
In Bernanke We Trust? | AIER
Reprinted from Law & Liberty In our present inflationary times, the world’s central bankers are under their highest degree of scrutiny since Alan Greenspan found...
Recession talk is a red herring – here’s what investors should focus on instead
MoneyWeek/John Stepek/6-6-2022 “There is a lot of talk of impending recession. But that’s not something you should worry too much about. What’s more important is...
Retail Investors Are Ultra-Bullish on Gold Right Now: Spectrum
Gold stayed popular among retail investors as the dollar gained strength as US inflation dwells. Gold and the US dollar tend to move inversely to...