Buyers may be starting to see home price drops in some areas. (Getty Images) Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some r...
Tag: Credit
An Alzheimer’s Drug’s Big Surprise: What It Means
Until this past week, there seemed to be no answers to the Alzheimer’s puzzle. The leading theory of the disease, that it was caused by a buildup of beta amyloid plaque in the brain, had been disprove...
Short U.S. stocks and short-term Treasurys until Halloween, Bank of America strategist says
Short U.S. stocks as well as short-term bonds until Halloween, a Bank of America strategist advises. Michael Hartnett, chief investment strategist at Bank of America Securities, said he’s a tactical b...
Mortgage rates recently hit their highest level since 2007. Here’s what 5 economists and real estate pros say will happen next with rates
Where will mortgage rates go from here? Getty Images Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through Oct...
BlackRock is Choosing Credit Over Stocks
Investment managers and individuals are showing they’ve had enough with the stock market. Borrowing costs continue to go up, and cheap funds that ignited a formerly bull market have disappeared. When ...
This is the time when ‘accidents’ like Enron have happened — this JPMorgan quant says yields have peaked and prefers bonds over stocks
The old expression is when the tide goes out, you get to see who’s swimming naked. In financial markets, the tide is going out when central banks are raising interest rates and growth is slowing. That...
Credit Market Moves Toward Breaking Point as Investors Flee, Sales Flop
(Bloomberg) — Credit markets are starting to buckle under pressure from soaring yields and fund outflows, leaving strategists fearing a rupture as the economy slows. Most Read from Bloomberg Ban...
Fed Rate Hikes Are Pushing Credit Market Toward Dysfunction, Bank of America Says
(Bloomberg) — The Federal Reserve needs to slow the pace of rate hikes to prevent credit market dysfunction, warned Bank of America Corp. strategists. Most Read from Bloomberg Distress, dispersi...
What Is DeFi Credit? The Evolution of On-Chain Lending
DeFi credit allows borrowers to use their existing real-world assets as collateral for DeFi loans The silver lining in the bursting of the initial DeFi bubble is that investors now understand that hig...
Speedchain Partners with Mastercard to Modernize Commercial Debit and Credit Payments
Leveraging Mastercard technology, Speedchain members will be able to utilize new payment options designed to promote speed and security ATLANTA–(BUSINESS WIRE)–Speedchain Inc., a fintech focused on re...
Ripple CTO David Schwartz Praises XRP Ledger Projects, Here’s Who’s Getting Credit
Gamza Khanzadaev David Schwartz surprised by XRPL projects, praises onXRP and Sologenic Ripple CTO David Schwartz was pleasantly surprised by the number and quality of projects built on XRP Ledger. Th...
Stock Bear Market Will Get Whole Lot Worse When Credit Cracks
(Bloomberg) — As crazy as it sounds, all the turmoil that’s ripped through Wall Street over the past week has still left debt markets in Corporate America relatively unscathed. Most Read from Bl...
Medicare premiums are decreasing in 2023 – this is how much older Americans will save if they’re on Part B
Medicare beneficiaries will see their Part B premiums go down for the first time in more than a decade, President Biden said during a White House event on Tuesday. Monthly Part B premiums, which are ...
‘I would not have been able to do it without him’: I built a property portfolio with 23 units while we were dating. How much should I give to my fiancé in our prenup?
I’m about to marry a wonderful man. I built an investment portfolio of 23 units while we were dating. Now we’re questioning how to create a prenuptial agreement. Over the years, I have identified, pur...
Crypto Investors Got Burned by Celsius. Then They Battled Back.
Cryptocurrency lender Celsius Network LLC attracted scores of people over the last five years who wanted to make money betting on bitcoin. After a crypto crash pushed the company into bankruptcy this ...
The one question to ask yourself about your 401(k) when stock indexes are dropping
With the Dow DJIA, -1.62%, S&P 500 SPX, -1.72% and Nasdaq COMP, -1.80% indexes dipping into the red right now, looking at your retirement portfolio may have your heart racing. Retirement Tip of t...
Crypto Bill That Would Have Transformed Industry Vetoed by California’s Newsom
Text size California Gov. Gavin Newsom. Photo by Monica Schipper/Getty Images for Bloomberg Philanthropies California Gov. Gavin Newsom on Friday vetoed a bill that would have brought strong regulatio...
Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history
““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” — Jeremy...
Credit Suisse’s former executive says the US regulatory clarity will start a new bull run
Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry has seen a massive bull run in the second half of 2020 and throughout 2021, eventually ending the year with t...
Investing In The Clean Energy Credit Revolution
AFP via Getty Images Key takeaways The Inflation Reduction Act funds billions in clean energy credits to promote the development and advancement of green tech The goal is to reduce inflation and carbo...
Josh Brown: ‘If people don’t get fired, then it’s not a recession’
““You can’t have a recession if people still have their jobs and have no problem getting their next job. So I don’t care what the NBER says. … If people don’t get fired, then it’s not a recession.”” T...
‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again...
Senators drill down on Zelle reimbursements, inflation and ‘uber-woke’ policies in bank CEO hearing
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the co...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping...
Bitcoin Could Hit $500,000 in Next Decade, Says MicroStrategy’s Michael Saylor
Text size Bitcoin prices have plunged this year. Yuri Cortez/AFP/Getty Images Bitcoin could reclaim its November 2021 all-time high by 2026 and surge even higher if its valuation fundamentals change, ...
Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.
This year nearly every type of security has declined — bad news if you look at your portfolio’s value each day and have difficulty sleeping at night. On the other hand, it’s good news if you’re lookin...