You Won't Believe What The Chinese Central Bank Just Did
The more the central bank or any authority does, the worse you know it is since rate cuts never work. China just announced a lot of them.
Repeat Home Sales Indexes Show Further Marked Deceleration In Price Inflation
On a YoY basis, the FHFA Index rose 4.5%, while the Case Shiller measure rose 5.0%. These both compare with 5.4% YoY increases through June.
Micron Technology Set To Report Q4 Results Amid AI Boom
Micron Technology is set to report its fiscal fourth-quarter earnings on September 25, 2024, with analysts expecting a significant turnaround in revenue and profitability.
IPOs 2024: Waystar Delivers A Successful IPO
Earlier this year, healthcare payments technology provider, Waystar went public to a tepid debut. The market seems to have improved now and the stock has been climbing since.
Rate Cuts Are Here, Stocks Hit New All Time Highs, But What’s Going On With Gold?
The Fed cut rates by 0.5% last week. Many commentators are seeing this as a signal that the economy is in recession.