Inflation to slump to 2.2% by year-end, setting up rally for stocks: Wells Fargo By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

*WELLS FARGO: INFLATION TO SLUMP TO 2.2% BY YEAR-END, SETTING UP RALLY FOR STOCKS

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What they are not saying… the large decline was due to a recession / large drop in consumer spending

Interesting forecast.

i think he is long and want people to be misguided pandu

.mathematically impossible..smoke and mirrors..remember math joesoldusout

Fuck

Fraud 'markets' are driven by narratives, not actual data, as can be seen for the past 12 months.

Wells Fargo getting wild with their calls.

Translation.... inflation will not slump to 2.2% and Wells Fargo will dump their holdings on the next big rally

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing marketIt's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019. WellsFargo is one of the most rotten, despicable banks out there. Love the employees and local branch bankers. Corporate management and leaders are absolutely terrible Hugh_Son it’s “correspondent business” not “correspondence”. 👍 Lol, it's a BS move. The guy giving the statement (Kleber Santos) is lying. He said that he is aware of the 2016 scandal regarding the banks and that shrinking the lending department is a remedy of this. I used to work for WF as a loan officer or HMC. The scandalous activity took
Source: CNBC - 🏆 12. / 72 Read more »

Wells Fargo, once a mortgage giant, shrinks home-lending businessWells Fargo said late Tuesday it was shrinking its home-mortgage business, aiming to serve its own bank customers as well as people in 'minority communities.' Criming will do that Are they looking to sell current mortgage positions? Read the article and still not sure exactly. They are cutting people in the mortgage division? Absolute shocker.
Source: MarketWatch - 🏆 3. / 97 Read more »

Wells Fargo to exit correspondent business, reduce mortgage servicingWells Fargo said on Tuesday the bank would exit the correspondent business and reduce the size of its servicing portfolio to sharpen its focus on the mortgage business. Will WellsFargo please stop over-padding my escrow? I'm really, REALLY, sick of it.
Source: Reuters - 🏆 2. / 97 Read more »

Wells Fargo Is Shrinking Its Mortgage BusinessWells Fargo is dramatically shrinking its home-lending business following a string of scandals and a record fine from the Consumer Financial Protection Bureau Lending based on race/ethnicity used to be called redlining. Or simply racism. Break up Wells Fargo Well Fargo is incredibly lucky that no Court has (yet) pierced the Corporate Veil and Assessed damages against the personal assets of Executives and Board Members. SHOULD happen; hasn't - yet.
Source: WSJ - 🏆 98. / 63 Read more »