7000 Psychological Level Still Remains Key.Bank of England Survey Indicates Potential for Prolonged Inflation Fight.A Return of Dollar Strength and Risk-Of Sentiment Could Result in a New YTD Low.
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EUR/USD News and AnalysisEuro benefits from softer dollar, improved risk sentiment and GBP recoveryEUR/USD technical hurdles that need to be overcome for bullish narrative to take hold. Longer-term outlook remains bearishRisk Events: US...
This was on CNBC but I wanted to highlight it as US equities stage a bit of a comeback (S&P 500 decline down to 13 points).Each week the American Assocition of Individual Investors...
Although 20% of builders are cutting prices, I highly doubt 5 percent is going to entice many buyers given the surge in mortgage rates.The 30-year mortgage rate is 5.33% today, down from over...
by confoundedinterest17
“A recession is two quarters in a row of negative growth.” — President Clinton, Dec. 19, 2000
My former colleague at Deutsche Bank, Joe Carson, said recently that the US economy is not in a...
