Wednesday, October 2, 2019

Manhattan real estate prices take the biggest tumble since the financial crisis

A continued drop in foreign buyers, changes in the federal tax laws that make it more expensive to live in high-tax states and a glut of high-priced condos have all converged to create the worst real estate market in Manhattan in a decade....(read more)
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Outlier? Influencer? Fed's Bullard catches Trump's eye

In 11 years as head of the St. Louis Federal Reserve, James Bullard has found himself on most sides of the big debates inside the U.S. central bank....(read more)
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Tuesday, October 1, 2019

Atlanta Fed's GDP tracker points to slower growth in the third quarter

The Atlanta Fed's GDPNow model estimates the economy grew by just 1.8% in the third quarter....(read more)
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Here's why markets are reacting so negatively to the manufacturing report

It's well known that global manufacturing has been in contraction; the markets seem to be signaling a broader concern, that weakness may bleed into the U.S. consumer that is holding up the global economy....(read more)
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The bond market's roller coaster ride could continue until there's a clear signal either way on recession

Since summer, bond investors have been on a roller coaster ride, with volatility at multi-year highs....(read more)
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Fears of U.S. slowdown weigh on stocks; bonds rally

Weak economic data in the United States and Europe weighed on global stock benchmarks on Tuesday, sending investors into safe-haven assets....(read more)
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Mortgage Investors Buoyed as Refinancings Signal Prepayment Peak - Bloomberg

Mortgage Investors Buoyed as Refinancings Signal Prepayment Peak    Bloomberg...(read more)
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