national

The S&P 500 is about to cross a level that could spell the end of the bear market

The S&P 500 is about to cross a level that could spell the end of the bear market

The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …

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Bank of Canada Governor talks about using immigration to balance the national labor market

Bank of Canada Governor talks about using immigration to balance the national labor market

Posted Nov 23, 2022 8:00 AM EST In two recent speeches on November 10 and 14, Bank of Canada (BoC) Governor Tiff Macklem explained to participants and the media that immigration could be the key to ensuring labor market stability and correcting the course of inflation. His speeches addressed “the future of workers and jobs” …

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A for sale sign outside a house in the Frankford section of Philadelphia in 2021. Higher mortgage rates will continue to affect the market nationally.

Forecast of the national housing market over the next five years

It’s been a wild ride in real estate over the past few years. After a scorching market characterized by bidding wars, low interest rates and high prices, mortgage rates hit a 20-year high, leading to a slowdown in buying activity and mortgage prices. ‘purchase. Yet with inventory still low, home prices remain high, including in …

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Midterms Red Ripple Brings Uncertainty to Markets

Midterms Red Ripple Brings Uncertainty to Markets

About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics and the former chief economist and chief investment officer, respectively, of UBS. To the surprise of many observers (including ourselves), the midterm elections turned out to be more contested than most polls and political futures had indicated. The political tipster …

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