Why Washington and Wall Street are worried about the ‘de-dollarization’ threat
A “de-dollarization” mania is gripping Washington and Wall Street. Wall Street analysts, corporations, policy wonks and others are trying to ascertain whether there is any...
Americans Escaping Pricey Cities Bring Higher Housing Costs, Inflation With Them: WSJ
Inflation in some warm-weather metro areas is more than 2 percentage points higher than the national rate. [ad_2] Source link...
Gold futures settle above $2,000 an ounce for a sixth session in a row
Gold futures advanced on Tuesday, with the most-active futures contract on track to settle above the $2,000 level for a sixth straight session, as a...
‘We are going to see parts of the economy break’: Recession fears move back to the forefront of markets
Investors are reconsidering the risk that the U.S. economy could be about to tip into a recession, following data this week which revealed the red-hot...
Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It: WSJ
Banks too big to fail are gaining deposits: “How can I compete for new business with that big enchilada out there?” [ad_2] Source link...
‘The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability’: Prices fell the most in these U.S. states
Americans are finding it hard to afford homes at mortgage levels now beyond 7%, according to some measures. Home prices have begun to reflect that....
Strategist who loves challenging consensus sticks by call for 8% fed-funds rate
Dominique Dwor-Frecaut, a former associate with the New York Fed and outlier from the rest of the financial-market pack, is standing by a bold call...
Deutsche Bank says there’s a 90% chance of recession. But, without one, S&P 500 can get to 5,000.
One of Wall Street’s most pessimistic banks is conceding that the economic outlook has improved. But Deutsche Bank, in a new update of its house...
Fed’s Inflation Fight Pushes Up Cost of U.S. Debt
Economy U.S. Economy Republicans and Democrats disagree on whether debt load is manageable [ad_2] Source link...
Steepest Home-Price Declines in Fourth Quarter Were in the West: WSJ
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas...