The number of homes for sale in the U.S. market has just passed the 1 million mark, according to data from Realtor.com and Reventure App, as inventory continues piling up in the market without finding enough willing buyers. Why It Matters Before the pandemic, in May 2019, there were 1,180,934 active listings on the U.S.
The U.S. stock market, led by indices like the S&P 500 and Nasdaq, has long been the benchmark for global investment. Its appeal lies in strong corporate profitability, technological dominance, and high liquidity, drawing in investors worldwide. Despite challenges like Fed rate hikes and inflation concerns, U.S. stocks have shown resilience, driven by innovation in
Americans may be altering their investing habits following a shaky period for the stock market and ahead of upcoming difficulties some experts have predicted for the U.S. economy at large. According to new polling by Gallup, only 16 percent of Americans now consider stocks the most lucrative form of long-term investment. That number is down
The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week. At 5:00 a.m. ET, the yield on the 10-year Treasury slipped under a basis point to 3.8273%, while the yield on the 2-year Treasury was flat at 3.865%. Yields and prices move in opposite directions.
Consumer spending has remained surprisingly resilient over the past two years in the face of higher interest rates. In an earlier study (Abdelrahman, Oliveira, and Shapiro 2024), we showed that the continued strength in consumer spending could be partially explained by the large amount of wealth that households built up following the onset of the