Homebuyers braving the hot U.S. housing market have run headlong into a striking transition. The average interest rate for a 30-year fixed mortgage jumped from around 3.2% at the beginning of 2022 to 5.3% in mid-May, the highest level since 2009. This rise was sparked by the Federal Reserve's commitment to raise the federal funds [...]
May was a volatile month for Wall Street. Stocks began May where April ended, with losses. In fact, it wasn't until the last week of May that stocks posted gains. Throughout the month, investors had to face the prospects of an economic slowdown impacted by accelerating inflation, rising interest rates, the ongoing war in Ukraine, [...]
Andrew Samalin provides an in-depth presentation of the markets, economy, and long-term themes heading into Q2 2022, as well as insights into other quarterly financial events.
Andrew Samalin provides an in-depth presentation of the markets, economy, and long-term themes heading into Q2 2022, as well as insights into other quarterly financial events.
Andrew Samalin provides an in-depth presentation of the markets, economy, and long-term themes heading into Q2 2022, as well as insights into other quarterly financial events.