Federal Reserve
Economy

Vanguard: The housing market downturn is ‘why we view a mild U.S. recession in 2023 as most likely’

History tells us that the Federal Reserve’s inflation-fighting playbook starts with the U.S. housing market. It goes like this. The central bank begins by applying upward pressure on mortgage rates. Soon afterwards, home sales fall and […]

Sam Zell
Economy

Real estate billionaire Sam Zell warns that sky-high prices aren’t going away anytime soon, says the Fed ‘screwed up’ — here are 3 real assets to help protect your wealth

With headline inflation figures coming down and a strong labor market, some believe that the U.S. economy could be on its way back up. But billionaire investor Sam Zell doesn’t share that optimism. “When you […]