The Fed will give its latest monetary policy decision Wednesday. How to trade it
No rate cut at the Federal Reserve’s latest meeting is the consensus, but the tone of Chair Jerome Powell’s news conference after the decision on Wednesday is an unknown factor and could have major market implications. “If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have […]
Iran War Increases Mortgage Rates. How To Find Low Rates
Just as mortgage rates fell below 6% at the end of February — a drop homebuyers awaited for four years — the war in Iran has pushed them back up again. Economists predict rates could fluctuate throughout the year if the fighting continues. Mortgage rates and the 10-year Treasury yield rose in lockstep with oil […]
What Is It and How Can It Save You Money?
Do you soothe your financial anxieties by watching money grow in a traditional savings account? So much so that you avoid putting that money anywhere else out of fear of making mistakes or poor investments? You’re not alone. Shane Walker, CEO of the banking app Qube Money, says he often hears this sentiment from clients. […]
How to profit if rates keep rising, going against the Fed and stock investors
U.S. stocks soared to record highs after Donald Trump’s election win and a quarter-point rate cut from the Federal Reserve. U.S. government bond yields have surged too, puzzling many market participants. I am going to stick with the contrarian view and bet on rates continuing to move higher. I’ll express that through a bearish bet […]