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Many are more optimistic and open to new projects because their own costs are easing and they expect consumers to spend more.
Trader Jared Dillian says PE firms are having problems exiting their investments, and he worries that the sector poses systemic risk.
Several carmakers reported soft sales in the third quarter, and average loan rates for new cars exceeded 7%.
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.
Many are paying interest rates well below today’s.
It all depends on what happens with home prices.
So far, the bond market seems to be doing the opposite of the Fed’s plan. But the cut was anticipated, and recession fears have eased.
But they come with some caveats.
The move was more aggressive than the quarter-point rate cut some analysts were expecting.
Because there happens to be an election on the Tuesday when the Fed would normally meet.