This is the extraction of today’s morning short that you can Register To receive in your input mail every morning along with: To this day, I am surprised by the storylines that are developing in the markets. Color me surprised by how quickly the markets recovered after the slaughter “The Day of Liberation”. Tariffs? Who … Read more
Federal Reserve President Jerome Powell met with President Trump And he firmly repeated the Fed’s independence, emphasizing that monetary policy decisions are based solely on economic data, not on political pressure. Despite Trump’s ongoing calls for lower interest rates and past threats to dismiss Powell, the Fed maintains his position that his term is to … Read more
After nearly a week of reduction, mortgage interest rates are again archived again. According to Zillow, the average 30-year fixed mortgage has increased by eight basic points to 6.79%and the 15-year fixed percentage has grown by 10 basic points to 6.11%S These increases may be due to the comments of Federal Reserve President Jerome Powell … Read more