All but two of the 20 largest housing markets are ‘overvalued,’ a new analysis finds
Most housing markets are now considering overvalued, according to CoreLogic data.
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Recession is challenging inflation as top fear among stock and bond investors
It’s easy to want to duck for cover given the carnage seen this year in stocks and bonds, particularly with the Federal Reserve vowing to wage an unconditional battle against high inflation.While inflation running at a 40-year high still…
S&P 500 Enters Bear Market as Dow, Nasdaq Fall
The stock-market selloff deepened Monday, with the S&P 500 entering a bear market, as investors took another look at Friday’s red-hot inflation data and liked it even less.Faced with rising chances of aggressive monetary tightening…
Stocks’ Gains Fade Despite China Optimism
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The Wall Street subway station near the New York Stock Exchange.…
U.S. Retail Sales Rose Modestly in November
Retail sales rose modestly at the start of the holiday season, as shoppers faced rising prices and supply shortages, and some snapped up gifts earlier.Sales at U.S. retail stores, online sellers, and restaurants rose by a…
Expect the stock market to be driven ‘more by earnings than the macro’, says Morgan
Earnings season will be a key test for the stock market after the S&P 500 last week closed out its worst half-year performance since 1970, said strategists from Morgan Stanley. The direction of stocks going…
4 Things to Watch in Today’s GDP Report. A Growth Spurt Is in the Cards.
Trade figures to be the wildcard in the latest reading on U.S. economic growth amid strong demand for…
Durability of U.S. stock- market bounce in question as inflation worries linger ahead of
Investors took a breather this week as U.S. stocks bounced back from a weeks long selloff and the latest reading on inflation offered glimmers of optimism to those hoping for a peak in price pressures. Beneath the surface though, strong…
Home Prices Advanced 19.1% Annually in October
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Case-Shiller's national and 20-city indexes have recorded 11…