I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now

I'm the chief economist for a $5 billion real estate data and title company.  Here are 5 things you need to know about the housing market now

Mark Fleming Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as part of our series where we ask prominent economists and real estate pros their take on the housing market now – … Read more

I’m the chief economist for a $5 billion real estate data and title company. Here are 5 things you need to know about the housing market now

I'm the chief economist for a $5 billion real estate data and title company.  Here are 5 things you need to know about the housing market now

Mark Fleming Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as part of our series where we ask prominent economists and real estate pros their take on the housing market now – … Read more

Bitcoin Soars as Crypto Traders Turn Bullish. 2 Signs the Rally Has Momentum.

Bitcoin Soars as Crypto Traders Turn Bullish.  2 Signs the Rally Has Momentum.

Text size Cryptos are recovering after weeks of losses. Dreamstime Bitcoin led a rally in digital assets on Friday as cryptocurrency traders seemed to turn firmly bullish after weeks of prices under pressure. The price of Bitcoin rose 5% over the past 24 hours to $21,500. The largest digital asset moved as high as $22,400 … Read more

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

These 10 stocks from a sector that is a bear-market bulwark have upside potential of up to 30%

During times of uncertainty, it can help to look at what happened during other down cycles for stocks. True, we don’t know when the stock market will hit bottom during this cycle, or if it already has. But you might want to tilt toward a sector that has fared well during previous downturns. You might … Read more

Bitcoin Prices Rally. A Key ‘Correlation’ Is Now in Crypto’s Favor.

Bitcoin Prices Rally.  A Key 'Correlation' Is Now in Crypto's Favor.

Text size Bitcoin prices have advanced this week. Dreamstime Bitcoin prices have consolidated above a key level as most cryptocurrencies rose on Thursday, helped along by slow but steady gains in the stock market. The price of Bitcoin rose 2% over the past 24 hours to above $20,500, having reclaimed the $20,000 mark on Wednesday … Read more

‘Peak inflation is not here yet’: Rents continue to rise, putting pressure on would-be homebuyers. That’s bad news for the Fed.

'Peak inflation is not here yet': Rents continue to rise, putting pressure on would-be homebuyers.  That's bad news for the Fed.

Rents will continue to rise, contributing to inflation, until the end of the year, economists say. With home prices and mortgage rates this high, many prospective homeowners are choosing to rent longer, opting to wait it out until prices normalize. But rents are also increasing, helped along by a housing-supply shortage that’s hiking the cost … Read more

Crypto hedge fund Three Arrows files for US bankruptcy

Crypto hedge fund Three Arrows files for US bankruptcy

Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the US Bankruptcy Code, according to a court filing in the Southern District of New York on Friday. Three Arrows Capital is one of the biggest casualties of the latest so-called “crypto winter”. The digital asset ecosystem has been hit by … Read more

‘It could be the difference between an approval and denial’: Experian, Equifax and TransUnion remove fully-paid medical debt from credit reports on July 1. Will this help your credit score?

'It could be the difference between an approval and denial': Experian, Equifax and TransUnion remove fully-paid medical debt from credit reports on July 1. Will this help your credit score?

Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s financial wellbeing. In a time of rising interest rates and increased costs with the pandemic’s scariest days hopefully done, for some it can’t come a moment too soon. Equifax, Experian and TransUnion are dropping the … Read more

Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made

Here's what one investor says he's learned from Warren Buffett and Charlie Munger — and the mistakes he's made

This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on … Read more

US stocks turn lower after weak consumer-confidence reading

Stagflation, reflation, soft landing or a slump --- what Wall Street expects in the second half of 2022

US stocks gave up early gains to turn lower Tuesday after a consumer-confidence reading came in weaker than expected. What’s happening The Dow Jones Industrial Average DJIA, -0.69% was down 185 points, or 0.6%, at 31,253. The S&P 500 SPX, -1.07% fell 38 points, or 1%, to 3,862. The Nasdaq Composite COMP, -1.85% dropped 202 … Read more