Home Sales Fall For the To the Second Lowest Leven in History
The month of November saw the sixth drop in pending US home sales as higher borrowing costs and an uncertain economic outlook kept many potential buyers out of the market.…
Sanctions on Russian Energy Loom Over Oil Market
Sanctions on Russia would affect world oil flows in the next three months. The energy industry has difficulty understanding how these measures will work. Ukraine’s allies are preparing to hit…
Why Higher Interest Rates Won’t Solve the Inflation Problem
Despite the high-interest rates, and the economic cost of the rapid and continuous increase in the cost of credit, this will not completely solve the inflation problem. We have to…
Fidelity Launches Crypto Trading. What this means for Coinbase and Robinhood
Fidelity Investments is launching a platform that will work for investors to trade cryptocurrencies, a competitive boost from the asset manager in a space packed with players, including Coinbase Global…
4 IPOs that could buck the downtrend
Unlike winners Tesla and Amazon.com, public offerings have been a horrible place for long-term investors. Renaissance Capital monitors the market where it reports that only 23% of IPOs from 4…
The Fed is trying to force down house prices. There is a better way
How much inflation is really a housing cost problem? Last year the increase in inflation could be explained by the price of vehicles. During this year it can be explained…