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The market found a short-term bottom as stocks rallied early this week. But by Wednesday, it reversed.
Global finance is interconnected. That’s a big problem for investors all over.
The Fed isn’t making New Year’s resolutions re rate hikes, but we’re watching areas where you can protect your portfolio and turn a profit.
Data shows the average rate on a 30-year fixed mortgage just soared to 6.87%, up from 3.3% at the start of the year and the highest since 2001. This spells trouble for the real estate market.
For the first time since 2008, 30-year mortgage rates are above 6%.
With everything that happened after the FOMC meeting and the data that’s emerged, it’s clear we’re already in a recession. What we need to understand is how bad it’ll be.
Macro conditions weigh down on the broad economy, but Ethereum still outperforms as Bitcoin remains in its trading range,
Now that investors know the Fed isn’t messing around when it comes to fighting inflation, the tightening effects should magnify.
Macroeconomic indicators continue pointing toward a possible recession.
Each week, I compile some meaningful numbers that allude to what the markets and economy are doing. This week, I want to share those with you.