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As long as inflation is low it gives mortgage tilt improving affordability index.
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U.S. stocks extend slide, one day after Fed’s rate hikeU.S. stocks retreat to fresh lows Thursday, following the final Federal Reserve decision of 2018. The Dow is currently down about 1,500 points from the day Trump signed the tax bill, almost exactly a year ago. That’s a decline of about 6% from this time last year. And in the meantime, the deficit has soared.
Source: MarketWatch - 🏆 3. / 97 Read more »
Fed’s rate-hike plans clouded by market turmoil, angry Trump tweetsWhen Federal Reserve policymakers meet on Wednesday, they're likely to raise interest rates. But the certainty for the central bank and Wall Street ends there Get Ready for Some Insightful Trumpian Tweet. Deep State strikes again. No reason to raise rates. This is true growth, but they are hell bent on F'ng with this President. So far Donnie policy has helped erase $100k in value from my equity portfolio since August. I'm not even looking at my 401(k)
Source: politico - 🏆 381. / 59 Read more »