Where informed investors are putting their money is a useful guide for anyone trying to understand how the economy could shift in the second Donald Trump administration. Let’s consult Lauren Goodwin, chief market strategist at New York Life Investments.
Prediction markets got Trump’s victory right
by Savannah Peters
Jabin Botsford/The Washington Post via Getty Images
And at least this time, these betting markets knew something traditional forecasters didn’t.
On the Fed's interest rates and mortgage rates
by Nova Safo
The Federal Reserve is widely expected to cut its benchmark interest rate by a quarter point today,. But for those looking to buy or sell a home, the Fed’s cut may mean little in terms of improving long-term borrowing costs. We’ll learn more.