U.S. Recession Odds on Polymarket Plunge to 22% as Trade Tensions Cool
Bets on a U.S. recession in 2025 have dropped sharply, with odds on crypto prediction platform Polymarket sinking…
Housing Headaches – Rio Grande Guardian
Dr. M. Ray Perryman The US housing market continues to struggle, with 2024 sales of existing homes reaching…
US dollar suffers worst start to year since 1973
The US dollar suffered its worst first-half decline in more than 50 years as fears over President Trump’s…
World economy faces ‘pivotal moment,’ central bank body BIS says
Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank…
Biggest Banks Pass Stress Test
The Federal Reserve’s most recent stress test shows that the nation’s largest banks could survive a major…
Shadow Fed chair could spark ‘revolt’ against Powell’s successor
Naming a so-called shadow chair for the Federal Reserve well before Jerome Powell is due to step down…
Wall Street’s Booming June Is Big Bet Against Economy Doomsayers
(Bloomberg) — Wall Street is throwing a summer party with markets just closing out their best cross-asset advance…
Have slightly lower mortgage rates stabilized the housing market?
10-year yield and mortgage rates In my 2025 forecast, I anticipated the following ranges: Mortgage rates between 5.75%…
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -An unexpected pickup in underlying inflation last month nudged price…
Fed’s preferred inflation gauge shows price increases accelerated in May
The latest reading of the Federal Reserve’s preferred inflation gauge showed price increases accelerated in May as inflation…