inflation
Financial Markets

CNBC Daily Open: The Fed wants inflation at 2%. But the economy might be fine with higher inflation

The 2% inflation target has been repeated so often by Fed officials and central bankers worldwide that it seems absolutely crucial to a healthy economy. But “the 2% inflation target, it’s relatively arbitrary,” said Josh […]

homes
Housing Bubble

Wall Street has purchased hundreds of thousands single-family homes since the Great Recession. Here’s what that means for rental prices

Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management. And a group of Washington, D.C., lawmakers believe that Wall Street needs to back away from the market. […]

INVESTMENT
Financial Markets

2023 INVESTMENT OUTLOOK

OVERVIEW Institutional allocators are undertaking a robust monitoring of their portfolios and reviewing asset allocation to meet target objectives as market participants closely parse the latest signals that could indicate a slowing inflationary trend and […]

market
Housing

Redfin and Zillow Group financial reports reveal broader housing market trends

The latest financial reports from Zillow Group and Redfin demonstrate ongoing wariness within the U.S. real estate market. Both companies expect revenue from key business segments to decline year-over-year in the first quarter. Zillow forecasts revenue from its advertising […]

Home
Financial Markets

Billionaire Grant Cardone says he and other real estate investors will ‘save the day’ and prevent a home price crash

Rapid home-price growth and soaring mortgage rates led to a dramatic downturn in housing demand throughout 2022, leading experts to speculate that the entire US real estate market could implode. While the housing slump is escalating this year, there’s a brighter future […]