Debt Ceiling
Economy

Markets Week Ahead: Nasdaq, Gold, US Dollar; Debt Ceiling, US PCE, Germany Ifo, UK Inflation, RBNZ, Australia Retail Sales

Global equity markets jumped while gold dropped in the past week on growing hopes of a deal in Washington to raise the debt ceiling to avoid a catastrophic default. However, some of the optimism scaled back after […]

Fannie Mae
Economy

Fannie Mae: The housing market recession isn’t over—and soon it’ll help spur a ‘mild’ U.S. recession

Combined with tightening credit for construction lending, which we expect will soon be realized by a slower new project pipeline, we are expecting a significant slowdown in starts later this year,” wrote Fannie Mae economists […]

Inflation
Economy

Inflation might be subsiding–but a proposed ‘can tax’ could mean higher grocery prices for American consumers

Wholesale prices in the United States are decelerating–the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve started increasing interest rates. This is good news for American consumers. […]