The Deflating “Inflation Narrative” Stock Market (and Sentiment Results)…
*Bond Shorts were crowded and it would reverse. *Inflation expectations would get better. *Food/Commodity prices would start to come down. *The Fed would begin laying...
More Subprime Borrowers Are Missing Loan Payments
Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending...
Inflation is the ‘top problem’ facing America, survey shows
A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022. David Paul Morris | Bloomberg | Getty Images Meanwhile, President...
Pensions’ Bad Year Poised to Get Worse
State and local government retirement funds started the year with their worst quarterly returns since the beginning of the pandemic. Things have only gone downhill...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
It’s the Worst Bond Market Since 1842. That’s the Good News.
So far in 2022, with inflation raging, bonds have lost 10%—among the worst returns in U.S. history. On Wednesday, the Federal Reserve raised interest rates...
Attorneys general call on Biden to cancel federal student debt
New York State Attorney General Letitia James speaks during a “Defend Democracy” rally, taking place on the first anniversary of the January 6, 2021 attack...
Why the Fed’s Move on Inflation Isn’t Enough: Global Market Strategist
Seema Shah, the Chief Strategist at Principal Global Investors, joins Yahoo Finance Live anchors David Briggs, Racehlle Akuffo and Seana Smith to examine the market...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans: WSJ
The market is finally getting the message that the era of cheap money is ending. Just look at mortgage rates. At the beginning of 2022,...