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Wall Street: Wall Street indexes slip with interest rates, Middle East in focus

Wall Street's three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve...

Local Market Monitor’s National Economic Outlook for September ’24

National Economic OutlookBy Ingo WInzer September, 2024 In order to combat inflation, the Federal Reserve raised interest rates sharply in 2022. This was a desperate...

Japan’s Nikkei posts 3-week closing high on Wall Street strength, dovish BOJ

Japan's Nikkei share average rose on Tuesday to a three-week closing high as markets resumed trade after a long holiday weekend, with Wall...

Are interest rate cuts good for bank stocks? Well, it is a double-edged sword!

The start of a monetary easing cycle by the US Fed opens up a window for other emerging market central banks like the...

Demand for Second-Home Mortgages Falls to 8-Year Low

We recently posted about how there are around 6.5 million second homes in America.  With that in mind, a recent report form Redfin...

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