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Markets News, June 12, 2024: Nasdaq, S&P Hit Records After CPI; Fed Sees 1 Rate Cut in 2024
Investopedia· 5 days agoHome Depot (HD) rose 2.5% amid optimism mortgage rates may fall after a softer-than-expected...
Why Your High Home Equity Might Be Hard to Tap. 6 Ways To Access That Money
GOBankingRates via Yahoo Finance· 2 days agoThe good news for homeowners in 2024 is that home equity is at a record high in the US. The bad...
Housing market sees dip in confidence as buyer demand weakens
Daily Express· 5 days agoDespite recent improvements, confidence in the UK's housing market is beginning to wane, according...
Opinion | The Fed’s interest rate mistake is a gift for Trump
MSNBC· 5 days agoFederal Reserve Chair Jerome Powell suggested that one or two rate cuts could come before the end of...
TheStreet Pro
TheStreet.com· 4 days ago* Equity performance has been top heavy — with five large cap technology companies skewing returns. Nvidia (NVDA) has accounted for 35% of the S&P...
Biden Keeps Blaming Others for His Economic Mistakes
Reason.com via Yahoo News· 5 days agoIt's nothing new to see politicians blaming others for the error of their ways. Long gone are the days of President Harry S. Truman's "The buck stops...
After Biden's Overspending Sends America Into an Inflationary Spiral, Does Argentina's Milei Have...
The New York Sun· 2 days agoGovernment overspending, an activity the Biden administration has taken to a new level, has sent the country into an inflationary spiral. Through trillions of dollars in Covid relief programs ...
Why Bond Markets Are So Spooked by the French Election
The Wall Street Journal· 5 days agoWhen she became prime minister and tried to bring in unfunded tax cuts, investors fled, bond yields...
For Bond Traders, Data Matter More Than What the Fed Is Saying
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The US bond market is driving home a lesson about the new world investors are living...
Strong May labor data backs RBA's higher-for-longer strategy
The Forex Market· 5 days agoThe Fed kept the policy rate unchanged at 5.25-5.5% yesterday.