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Elon Musk wants the Fed to 'cut interest rates immediately' - but Jerome Powell just said inflation 'remains far too high'.  Here are 3 areas for security if costs continue to soar

Elon Musk wants the Fed to ‘cut interest rates immediately’ – but Jerome Powell just said inflation ‘remains far too high’. Here are 3 areas for security if costs continue to soar

Elon Musk wants the Fed to ‘cut interest rates immediately’ – but Jerome Powell just said inflation ‘remains far too high’. Here are 3 areas for security if costs continue to soar It is difficult to say how effective the US Federal Reserve’s monetary tightening policy has been in controlling inflation. But one thing is …

Elon Musk wants the Fed to ‘cut interest rates immediately’ – but Jerome Powell just said inflation ‘remains far too high’. Here are 3 areas for security if costs continue to soar Read More »

Container shipping rates continue to fall, no sign of market bottom yet

Container shipping rates continue to fall, no sign of market bottom yet

So much for the theory that container lines are a nefarious cartel capable of controlling freight prices – spot rates continue to fall more than a year after peaking. “This cliff from which rates have fallen shows that there is more competition in the market than many people feared,” Patrik Berglund, CEO of rate-tracking firm …

Container shipping rates continue to fall, no sign of market bottom yet Read More »

Home prices are expected to continue to rise next year: Here's where

Home prices are expected to continue to rise next year: Here’s where

Americans looking to buy a home next year can expect less competition, more home choices and the highest average mortgage rates in nearly two decades. Here’s what they can’t expect: a general drop in prices that would relieve buyers of overpriced homes. That’s the main takeaway from Realtor.com’s 2023 real estate forecast released Wednesday. The …

Home prices are expected to continue to rise next year: Here’s where Read More »

Rent and house prices continue to fall nationwide.  Will the SLO County market follow?

Rent and house prices continue to fall nationwide. Will the SLO County market follow?

A 2022 filled with house price increases across California finally began to cool off as the seasons turned to fall, and October was no exception. Skyrocketing home and rent prices continued their slow decline in October across California, according to reports from the California Association of Realtors (CAR) and Rent.com. As housing affordability begins to …

Rent and house prices continue to fall nationwide. Will the SLO County market follow? Read More »

S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023

Recessions in Europe and North Americaunresolved conflicts and energy security issues will pose a lingering economic and geopolitical risk next year NEW YORK, November 22, 2022 /PRNewswire/ — The COVID-19 pandemic and the Russia–Ukraine war has profoundly reshaped global structures and relationships in 2022, and will continue to generate additional uncertainty in the year ahead, …

S&P Global Market Intelligence expects the accumulation of geopolitical shocks to continue boosting global political and economic relations in 2023 Read More »