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UK household wealth has tanked and it's a sign of what could happen in the US

Wed, 11/01/2023 - 06:05

Tech Insider : Economy

Properties for sale in Scotland. — Properties for sale in Scotland.
SNS Group Bill Murray/Getty Images

economy, Real Estate, household-wealth, uk-household-wealth, Pensions, retirement-account, housing-market

Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns

Tue, 10/31/2023 - 10:44

Tech Insider : Economy, Economy

cleveland houses — The Federal Reserve's aggressive interest-rate hikes could trigger a 1980s-style recession for the US housing market, according to Wells Fargo.
Henryk Sadura/Shutterstock

economy, Markets, economy, Markets, housing-market, real-estate, house-prices

Janet Yellen made the worst mistake in Treasury history when she failed to lock in cheap debt, elite investor Stanley Druckenmiller says

Tue, 10/31/2023 - 08:01

janet yellen — Treasury Secretary Janet Yellen.
REUTERS/Larry Downing

Markets, mi-exclusive, Markets, Bonds, stanley-druckenmiller, duquesne-family-office, paul-tudor-jones

10 smaller US cities with booming tech scenes

Mon, 10/30/2023 - 06:19

An aerial shot of downtown Fayetteville, Arkansas. — Fayetteville, Arkansas.
Michael Warren/Getty Images

Real Estate, Tech, housing-market

Wealthy movers to South Florida have pushed the real-estate market to new highs. See 6 homes for sale only the rich can afford.

Sat, 10/28/2023 - 05:42

The front of a home in Miami Beach. — The Waterfront Team/ONE Sotheby's International Realty

Real Estate, housing-market, Florida, south-florida, Luxury

'Big Short' Michael Burry's bets against S&P 500 and Nasdaq pay off

Fri, 10/27/2023 - 15:27

Michael Burry big short — Jim Spellman/Getty Images

Markets, mi-exclusive, michael-burry, NASDAQ, sp-500, market-correction, big-short

'Recessions always start with an economy that's been booming': An investing pioneer explains why he sees 50% chance of a downturn in 2024

Thu, 10/26/2023 - 14:23

Tech Insider : Economy

Rob Arnott Top 100 — Tim Boyle/Bloomberg via Getty Images

economy, Markets, mi-exclusive, rob-arnott, Investors, Recession, federal-reserve

Don't expect house prices to fall this winter, says Goldman Sachs economist

Thu, 10/26/2023 - 04:43

Tech Insider : Economy, Economy

A row of three houses. — House prices won't fall this winter, says David Mericle.
Getty Images

economy, Markets, economy, Markets, real-estate, house-prices, housing-market

The San Jose housing market is so competitive that a house with an 'inactive meth lab' is on the market for $1.55 million

Wed, 10/25/2023 - 16:39

A street in San Jose, California, lined by houses. — San Jose, California.
Keith Lance

Real Estate, housing-market, san-jose, California

China's troubled property giant Country Garden has reportedly defaulted on a bond payment

Wed, 10/25/2023 - 12:05

A residential building of Country Garden in Fuyang City, East China's Anhui Province. — A residential building of Country Garden in Fuyang City, East China's Anhui Province.
Costfoto/Getty Images

Markets, mi-exclusive, Markets, China, country-garden, china-economy, financial-markets

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