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Is A "Crazy" Federal Reserve Killing The Stock Market?
2 monthes ago - By Forbes
An ominous week on Wall Street has President Trump blaming the Federal Reserve for raising interest rates, which the President claims has caused stock indices to fall for six consecutive days. Trump went beyond second-guessing, describing the Fed's policies as “loco”, and says it “has gone crazy.”
Read more ...Trump is reportedly floating 5 different names to replace Attorney General Jeff Sessions, who he expects to resign before the end of this year
2 monthes ago - By Business Insider
President Donald Trump reportedly believes Attorney General Jeff Sessions will likely leave his Cabinet at the end of the year, and so far has five potential replacements in mind who could take over at the US Justice Department.
The Wall Street Journal reported on Thursday that Trump is considering current senior administration officials from the Departments of Health & Human Services, Transportation, and State, as well as a former federal judge and former attorney general, The Wall Street Journal reported.
Tensions have flared between Trump and Sessions ever since the attorney general...
Read more ...Machines take the blame as U.S. stock market sells off
2 monthes ago - By Reuters
Investors searching for perpetrators and victims in this week's U.S. stock market selloff pointed to a familiar
Read more ...In addition to the Fed, Trump can blame his tariffs for the latest market slump
2 monthes ago - By CNBC
While President Donald Trump has directed his ire at the Federal Reserve for the recent stock market decline, he also has himself to blame.
Read more ...Mortgage Affordability: Homebuyers in Suburban Metros Spread Thin
2 monthes ago - By RIS Media
Amid market challenges like rising interest rates and inventory shortages lies another top concern for today's homebuyer: affordability. Location can have a significant impact on budgeting and how much buyers are able to afford. A recent analysis by Zillow considers financial constraints related to mortgage payments across urban, suburban and rural areas of the U.S.
Which environment brings more financial strain in comparison to others? According to Zillow, the urban setting. Homebuyers in urban areas pay larger shares of their income toward their monthly mortgage payments at 26.5 percent...
Read more ...Selling isn't over yet, and intervention will save the day, says Hilary Kramer
2 monthes ago - By Reuters
A&G Capital's chief investment officer predicts the Fed will take steps to ensure the equity markets will bounce back after selling off a bit more. She tells Reuters' Fred Katayama she sees opportunities in financial and staples stocks.
Read more ...Gundlach says Trump is 'being crazy like a Fox' to blame the Fed for the market sell-off and explains why interest rates will keep rising
2 monthes ago - By Business Insider
Jeff Gundlach, the CEO of DoubleLine Capital, said Thursday that President Donald Trump was "being crazy like a fox" for his rhetoric on the Federal Reserve.
Amid the worst stock-market sell-off of his presidency, Trump had said the Fed was "going loco" by continuing to raise interest rates.
Gundlach said the Fed has entered auto-pilot mode, and would need to see weakness in the economy to stop raising rates.
Count Jeff Gundlach among the investors who are not on board with President Donald Trump's attacks on the Federal Reserve .
This week, amid the longest stock-market sell-off of his...
Read more ...
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