Politics aside, the housing market in many areas has slowed down due to uncertainty about the economy. Everyone has an opinion about the 2020 presidential election — including real estate agents. HomeLight asked 1,157 of their top agents how they thought the election would affect the housing market. Here are …
Read More »Key Words: Alex Trebek’s biggest money mistake, and his advice for navigating the next crash in the stock market
Alex Trebek Getty Images “ ‘Crashes are a golden opportunity to make money, because the American economy is always solid enough to rebound.’ ” That’s Alex Trebek, the beloved longtime host of “Jeopardy!” who died on Sunday at the age of 80, opening up about his approach to money and …
Read More »How Covid-19 Affects the Housing Market in College Towns
Much of the activity in college towns — like Athens, Georgia, pictured — centers on the university’s events. Since Covid-19 has pushed learning online, business has dried up in many college towns. The Covid-19 pandemic has led to major lifestyle changes, including how people learn, work and play. That could …
Read More »Market Snapshot: Dow slightly lower after jobs data as U.S. election count continues
Kena Betancur/Agence France-Presse/Getty Images U.S. stocks were modestly lower in early action Friday, threatening to end a four-day winning streak, as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, …
Read More »Market Extra: Dow futures rise nearly 200 points Tuesday evening after big regular-session rally on Election Day
U.S. stock-market futures on Tuesday evening tilted higher after a big rally in the regular session and as the votes of hundreds of millions of Americans were being tallied in the crucial election between President Donald Trump and former Vice President Joe Biden. Stock investors are betting that a decisive …
Read More »Market Extra: The moment of truth for stock-market investors? Election Day looms and the most crucial stretch of 2020 awaits
Could the 2020 U.S. presidential election be the most highly wagered on event in history? The Nov. 3 vote has tallied over $ 260 million in wagers thus far, according to Pete Watt, spokesman for OddsCheckerUS, during a Wednesday interview on “The Dan Abrams Show” on SiriusXM. That means bets …
Read More »Key Words: This billionaire protégé of George Soros has returned 30% a year for decades — here’s his gloomy take on what’s next in the stock market
Getty Images “ ‘We have borrowed so much that I’m skeptical that three to five years out that equities will give us any kind of return.’ ” That’s billionaire investor Stanley Druckenmiller talking about how a Democratic sweep of the White House and Congress in the upcoming elections could prove …
Read More »Key Words: It’s been years since investors have been this fearful of a stock market crash, Nobel-winning economist warns
Everett Collection “ ‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flourish. This highlights the importance of being well diversified in asset classes — including Treasury securities, which are …
Read More »Mortgages remain hot as market battles volatility
2020 is expected to go down as one of the best years for the mortgage industry since 2003. This week the Mortgage Bankers Association released its forecast for the remainder of 2020 and into 2021. The group predicts mortgage originations will increase to $ 3.18 trillion in 2020. That’s the …
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