In the complex landscape of global political and economic affairs, Kamala Harris's emergence has undoubtedly drawn widespread attention. As the Democratic presidential candidate, her policy ideas and future plans are becoming key research subjects for markets and analysts.
Harris's background, personal experiences, and her stance on various critical issues will profoundly impact the future political and economic landscape....

Unlike the relatively calm market reaction following the release of non-farm payroll data last Friday, the hotter-than-expected inflation data released this Wednesday dealt a fatal blow to market sentiment. The traders did not regain confidence after the sell-off and all three major US stock indices closed with losses. Additionally, multi-term U.S. Treasury yields spiked while the previously hot commodity gold retreated...

Homebuilders have taken off lately with a gap up over $90. There are a lot of reasons to be bullish in 2024. The lack of supply keeps a floor on prices for builders adding new homes. Existing home inventory is likely to remain low unless the Fed is exceptionally hawkish which I do not see happening.
Thus, solid homebuilders should be able to boost profits as prices stay high and new homes dominate the majority of demand in housing.
However, the recent run up is hasty (mortgage rates are still ve...

Home sales declined at a faster pace than expected in July as prices pushed higher, the National Association of Realtors reported Tuesday.
Existing sales dropped 2.2% from June, against the Dow Jones estimate for a 0.2% decline. Sales totaled 4.07 million, against the estimate for 4.15 million, and were off 16.6% from a year ago.
The median sales price increased 1.9% to $406,700, while unsold existing homes rose 3.7% from June to the equivalent of 3.3 m...