If the Federal Reserve is cutting rates, why are mortgages so expensive?
While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30-year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan finance giant.
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Read MoreUS Federal Reserve: Is the US Fed private or public?
With Donald Trump winning the US elections in 2024, the position of Jerome Powell, head of the US Federal Reserve, the world’s largest central bank, has come under threat.
Following Powell’s announcement of a 25 basis point rate drop at the press conference on November 7, the Fed chief was asked if he would resign if Trump asked,
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Read MoreMorgan Stanley is finally bullish on stocks: Why the firm now sees 11% upside through 2025
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- Morgan Stanley’s Mike Wilson is now bullish on the stock market, setting a 2025 S&P 500 target of 6,500.
- He cites Fed rate cuts and potential deregulation, and says high-quality cyclical stocks will outperform.
- It marks a bullish pivot for Wilson,
The Top S&P 500 Stock of 2024 (So Far) Isn't Nvidia. Here's Where History Says the Soaring Stock Is Headed in 2025.
On Nov. 20, Nvidia reported financial results for its fiscal 2025 third quarter, showing stunning 94% year-over-year revenue growth. The business is absolutely booming, and so is the stock price. As of this writing, Nvidia stock is up close to 200% year to date.
As impressive as those returns are for Nvidia,
Read More3 Great Dividend Stocks to Buy for Those With $175 or Less to Invest
One of the many great things about investing in dividend stocks is that they don’t typically cost a lot of money, making it easy for beginners to get started. Meanwhile, you can routinely buy more shares as you have additional cash to invest,
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Read MoreThe Burst
How Far Will The Market Fall?
Zooming out is often quite helpful in providing insights as to where the market is likely to go. When we examine a chart of the S&P 500 now on a weekly basis, a clear uptrend from mid-2022 has formed.
So too has a strong resistance line been created at close to the 4,800 mark both at the end of 2021 and the end of 2023.
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Read MoreThe Ivy
Is $2 Trillion Just The Start?
There used to be a time when daring to believe a single company would be worth a trillion dollars seemed like something out of a fable. Then Apple came along, and Meta, and Microsoft. All of them broke the seemingly insurmountable barrier and kept going.
It didn’t seem long before they then went on to hit market capitalizations of $2 trillion.
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Read MoreThe Spotlight
10,000 Calls Bought on This Stock, What Do Insiders Know?
Investors will almost never have as good a pulse on the future prospects of a company as insiders will. There’s naturally an information asymmetry that comes along with weekly meetings, and proximity to management.
The water cooler chatter is a real phenomenon that acts as a communication channel spreading information around a company.
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