Dow Jones federal reserve Housing Market Markets 

Dow Keeps Rising as Overreaching Fed Eats U.S. Housing Market

The Dow Jones rallied 100 points Tuesday. The U.S. housing market continues to boom, thanks to the Federal Reserve. JPMorgan believes tech and white-collar dominance could face a reckoning. The Dow Jones rallied on Tuesday as a buoyant U.S. housing market continues to go from strength to strength. One JPMorgan strategist believes that tech dominance could soon fade as valuations look unsustainable. Dow Rallies as U.S. Housing Market Remains Strong The tech sector led the major U.S. stock indices on Tuesday, as the Nasdaq rallied 1% while the Dow Jones…

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federal reserve Markets us dollar 

Fed Is Destroying the Dollar With Inflation. There’s No Turning Back

Federal Reserve Chair Jerome Powell introduced the central bank’s plan to target a 2% average inflation rate. Since then, strategists have expressed concerns about inflation and the potential risks to market stability it could bring. It poses more selling pressure on the U.S. dollar, which already declined substantially in the past four months. The Federal Reserve introduced a 2% average inflation target on August 27. Since then, strategists have expressed skepticism towards the Fed’s new policy and its potential effect on the U.S. dollar. Some investors, like Heisenberg Capital’s Max…

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Dow Jones federal reserve Markets 

You Think the Dow Is in a Bubble? The Real Rally Awaits

The Dow Jones might be in a consolidation phase after the March bottom, asset manager Todd Gordon says. If a similar pattern as the 2000 dot-com bubble to the 2008 housing bubble follows, U.S. stocks are en route to new highs. The Fed’s 2% average inflation rate, combined with low-interest rates and high global liquidity, buoy investor confidence. The Dow Jones Industrial Average (DJIA) is not in a bubble, says Ascent Wealth Partners managing director Todd Gordon. He argues the Dow is currently consolidating, and a larger breakout awaits. The…

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Dow Jones federal reserve Markets 

Dow Futures Are Flat Today

Dow futures traded narrowly lower on Wednesday after the index snapped a three-day winning streak on Tuesday. Some Federal Reserve officials are growing concerned a “double-dip” recession could batter the U.S. economy. Fed Chair Jerome Powell has a plan – but will it be enough? U.S. stock futures diverged on Wednesday, mirroring their performance from the previous session. The S&P 500 and Nasdaq are poised to climb to new highs, while the Dow Jones Industrial Average (DJIA) is trading narrowly in the red. Dow Futures Trade Cautiously as ‘Jackson Hole’…

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Citigroup federal reserve Markets Op-ed S&P 500 

Citi Says ‘All-Powerful Fed’ Will Save the Stock Market. It Won’t

Citigroup no longer believes stocks are heading for a drop this year. Citi’s new forecast calls for a decline from recent highs, but still shows a net gain for the S&P 500 this calendar year. The bank cites unprecedented Fed intervention for its sudden U-turn. Don’t fight the Fed. That’s the general takeaway from Citigroup’s latest forecast on the S&P 500. The Wall Street firm has revised its outlook on equities because the ‘all-powerful’ Federal Reserve won’t let them fail. Although fighting the Fed might be foolish, relying on it…

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federal reserve Invesco QQQ Trust Markets Op-ed 

These 3 Warnings Suggest the Tech Bubble Is About to Burst

U.S. technology stocks are in a bubble. There are signs the music could be about to stop for the bulls. These signs indicate that the bubble could bust sooner rather than later. The S&P 500 Index is nearing all-time highs after rallying from its March lows. The rally has fed off the technology bubble that continues to grow in size and scale. The tech-heavy QQQ fund soars beyond the S&P 500 Index. | Source: Yahoo! Finance While other sectors face the brunt of the pandemic, the tech sector has almost…

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Deutsche Bank federal reserve Jeffrey Epstein Markets Op-ed 

Deutsche Bank Stock Will Shrug Off $150 Million Jeffrey Epstein Fine

Deutsche Bank agreed to pay $150 million in fines for failing to monitor Jeffrey Epstein’s financial activity more closely for four years. If past share price movements for Deutsche Bank and other financials are any indication, Deutsche Bank stock has nothing to worry about. U.S. financial authorities have already loaned billions more to Deutsche Bank than this largely-symbolic fine. It’s just a slap on the wrist. Deutsche Bank (NYSE:DB) has agreed to pay a $150 million fine for compliance failures as it moved money for Jeffrey Epstein. The most notorious…

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federal reserve IMF Markets Op-ed S&P 500 United States 

Brace Yourself for a Brutal Stock Market Correction

The IMF warns the disconnect in financial markets could lead to a correction in asset prices. The stock market has rallied on optimism about a broad economic reopening. But a resurgence in virus cases and an uneven recovery is causing investors to be more cautious. After the U.S. stock market cratered 34% due to the pandemic in March, stocks have rebounded strongly despite negative news. The disconnect between stock prices and the economy has never been that high. But this disconnect could soon go away. The Stock Market Could Drop…

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federal reserve gold Markets Op-ed 

3 Reasons Why Gold Will Shatter All-Time Highs in 2021

Gold prices are nearing eight-year highs Tuesday, closing in on $1,785 per ounce. The metal has been in an uptrend for years, but the 2020 crisis has helped push prices even higher. Bullion is likely to break through their old record to new heights by the end of next year. Gold prices are closing in on an eight-year high. The metal is now around $1,785 per ounce. That’s getting close to its old all-time high around $1,900 per ounce. Over the past year, gold has soared 27%, beating the stock…

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federal reserve Housing Market Op-ed United States 

A Housing Crisis Is Brewing Because 4.3 Million People Can’t Pay Their Mortgages

Over 4 million individuals have not been able to pay their mortgage payments for 30 days or more. The housing market may see additional selling pressure as pressure on homeowners mount. Renters have also been unable to afford payments, putting additional risks on leasers. A staggering 4.3 million people have been unable to make their mortgage payments, according to research firm Black Knight. This puts additional selling pressure on the U.S. housing market, on top of a potential drop in foreign buyers. Data show that over 8% of all U.S….

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