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Shapiro's Treasury 'Market Dysfunction' Warning Hits Home: 'Buying More Gold' As Fed Put May Be On The Table
Wednesday, April 9, 2025 - 8:30am | 1081Days after warning of a potential “market dysfunction” in the U.S. Treasury market, economist Craig Shapiro has signaled a significant shift, suggesting the “Fed put” might be nearing activation. What Happened: In a recent X post, Shapiro pointed to the rapid escalation of...
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Trump Aides Draft Sweeping 20% Tariffs On 'At Least Most' Imports: Report
Tuesday, April 1, 2025 - 9:31am | 542White House aides have reportedly drafted a proposal to impose sweeping tariffs of about 20% on "at least most imports" as part of President Donald Trump's transformative trade strategy. The Details: According to Washington Post, three people familiar with the matter said White House aides...
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Economist Mark Zandi Warns Of Looming Recession, Urges Fed To Cut Interest Rates
Sunday, June 23, 2024 - 11:24am | 556Moody’s Analytics’ chief economist Mark Zandi has warned of an impending recession and urged the Federal Reserve to cut interest rates. What Happened: In a tweet on Saturday, Zandi expressed concern over the slowing economy. He noted that the real GDP is projected to grow by only 1.5%...
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Moody's Mark Zandi Says Fed Should Pause Rate Hikes: 'If I Were King…'
Tuesday, April 11, 2023 - 2:40am | 683Moody’s Analytics Chief Economist Mark Zandi opines the Federal Reserve should pause the rate hike cycle, given the moderating inflation and easing labor market conditions, but said a rate cut is out of question unless the economy goes into a recession. What Happened: "If I were king, I would...
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4 Experts Agree Following CPI Inflation Print: Housing Appears To Be Inflating Data, But The Fed Will Not Be Fooled
Tuesday, March 14, 2023 - 12:33pm | 805The Labor Department on Tuesday reported a 6% year-over-year increase in the consumer price index (CPI) for February. The SPDR S&P 500 (NYSE: SPY) is moving higher as expectaions for a less aggressive Federal Reserve continue to climb. Four experts laid out their...
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What Jeremy Siegel, Paul Krugman And 5 Others Have To Say About The Housing Market
Thursday, December 8, 2022 - 12:24pm | 728The alarm is sounding for American homeowners trying to sell their home, as rising mortgage rates frighten away purchasers. And, the U.S. housing market recession is only going to get worse, according to analysts. According to recent data, existing home sales fell 28.4% in October, marking the...
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Moody's Sees Half Of America's Housing Market As 'Significantly Overvalued,' Here Are The 3 Worst Areas
Wednesday, September 21, 2022 - 3:44pm | 490The average house price has been rising rapidly nationwide. According to the St. Louis Fed, the median home sales price is $440,300. That's an increase of $70,500 from just a year ago. Due to the pandemic's huge impact on mortgage rates in 2020, demand increased as homebuyers sought to take...
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Fintech Focus For August 24, 2020
Sunday, August 23, 2020 - 12:13am | 2395Quote Of The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Louis Stevenson Fintech Movers: A group of Congressional lawmakers have sent a letter to the Internal Revenue Service (IRS) that urges the U.S. tax agency to write policy that does not...
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Moody's Mark Zandi Says US Economy Might Enter Depression If Second Coronavirus Wave Begins
Monday, May 11, 2020 - 7:03am | 448Moody’s Analytics chief economist Mark Zandi has warned that the U.S. economy risks a depression should individual states gamble on reopening businesses too soon. Make Or Break Moment Zandi, who sits on the board of MGIC, one of the largest private mortgage insurance companies, appeared...
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ADP Sees 129K Jobs Added In March Against 184K Economist Expectation
Wednesday, April 3, 2019 - 8:35am | 277U.S. private sector expanded payrolls with 129,000 jobs in March, according to the ADP Research Institute’s monthly report. This marks ADP’s lowest reading since September 2017. "March posted the slowest employment increase in 18 months," ADP Research Institute Vice President...
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Trump Or Clinton: Who Would Create More Jobs?
Thursday, October 27, 2016 - 9:50am | 786Although Hillary Clinton and Donald Trump are very different presidential candidates with extremely dissimilar policy platforms, they seem to agree on two issues: eliminating drug price gouging and creating new jobs. And this makes sense. According to a recent Gallup poll 88 percent of...
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ADP Employment Reading For March Comes In Better Than Expected
Wednesday, March 30, 2016 - 10:51am | 318U.S. private employment gains topped market expectations in March. The ADP monthly National Employment Report indicates that the private sector added 200,000 jobs in March, topping consensus analyst expectations of 194,000 jobs. February’s reported payroll gains were also revised downward...
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ADP Jobs Preview: 'U.S. Job Machine Remains In High Gear'
Wednesday, August 5, 2015 - 6:58am | 212ADP Research will be releasing the July ADP Employment Report at 8:15 a.m. ET, with consensus expectations of a gain of 210,000 in private payrolls, according to Bloomberg News. The consensus estimates from from 190,000 to 260,000. This would be a slight weakening versus last month's ADP...
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What To Expect From Thursday's Jobs Number
Wednesday, July 1, 2015 - 8:26pm | 212The Bureau of Labor Statistics (BLS) will report June's employment numbers on Thursday at 8:30 a.m. EST. According to Bloomberg, the consensus estimate is for an increase of 230,000 non-farm payroll jobs in June. The estimates range between 202,000 and 252,000, with the expectation for unemployment...
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A Preview Of Friday's Jobs Number
Thursday, June 4, 2015 - 12:41pm | 267The Bureau of Labor Statistics (BLS) will report May's employment numbers on Friday at 8:30 a.m. EST. According to Bloomberg, the consensus estimate is for an increase of 226,000 non-farm payroll jobs in May. The estimates range between 190,000 and 289,000, with the expectation for...