MARKETS

Metro areas where US rent prices have dropped the most

Metro areas where US rent prices have dropped the most

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee.benedek | iStock | Getty ImagesDespite broad hikes in rental prices, competition is easing in some US markets as inventory grows, according to a new report from national real estate brokerage HouseCanary.At the end of 2022, the median US rent …

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GBP/USD tracks options market signals to snap four-week uptrend

GBP/USD tracks options market signals to snap four-week uptrend

GBP/USD takes offers to refresh intraday low near 1.2380 amid the first loss-making day heading into Friday’s London open. In doing so, the Cable pair not only justifies the broadly firmer US Dollar but also traces the options market signals as it braces for the first negative week in five. That said, one-month Risk Reversal …

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Bitcoin Heads for Best Start to Year Since 2013 As Risk Appetite Grows

Bitcoin Heads for Best Start to Year Since 2013 As Risk Appetite Grows

Bitcoin’s price has surged 40% since the beginning of the year, according to Messari. The rally comes ahead of expected smaller rate hikes from the Federal Reserve next week. Other cryptos are rebounding too as the industry regains its $1 trillion market cap. Loading Something is loading. Thanks for signing up! Access your favorite topics …

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Investors Clinging to the S&P 500 Aren’t Safe

Investors Clinging to the S&P 500 Aren’t Safe

Investors clinging onto the S&P 500 aren’t safe, according to BofA’s Savita Subramanian. The benchmark stock index is overcrowded, and any selling could spark more pain for investors. She encouraged investors to allocate more funds into overlooked areas of the market, such as energy and small cap stocks. Loading Something is loading. Thanks for signing …

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US gov’t .5T debt interest will be equal 3X Bitcoin market cap in 2023

US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023

Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again. The latest analysis of US macroeconomic data has led one market strategist to predict quantitative tightening (QT) ending to avoid a “catastrophic debt” crisis.”Analyst: Fed will have “no choice” with rate cutsThe US Federal …

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DOJ sues Google over its dominance in the online advertising market

DOJ sues Google over its dominance in the online advertising market

CNN — The Justice Department and eight states sued Google on Tuesday, accusing the company of harming competition with its dominance in the online advertising market and calling for it to be broken up. The move marks the Biden administration’s first blockbuster antitrust case against a Big Tech company. The eight states joining the suit …

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National home prices have further to fall says 24 leading housing market researchers—while 5 firms think prices have bottomed out

National home prices have further to fall says 24 leading housing market researchers—while 5 firms think prices have bottomed out

On Jan. 10, researchers at Goldman Sachs downgraded their outlook for the US housing market in a paper titled “Getting worse before getting better.” Instead of US home prices falling 4.1% in 2023, which was their November call, researchers at the investment bank said national home prices would drop 6.1% this year. Fast-forward to Monday, …

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These housing markets could be a first-time buyer’s best home in 2023

These housing markets could be a first-time buyer’s best home in 2023

(NEXSTAR) – The last few years have been a brutal ride for prospective first-time home buyers as prices, then mortgage rates soared. “A lot of first time homebuyers who would have had an FHA loan or a VA loan were really left out of the housing market last year because there were so many multiple …

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