Bidding wars. Soaring profits for sellers. A shift in working remotely. A push for amenities. After 2020, some markets will stand out above the rest. According to National Mortgage News, With the combination of extremely low inventory and interest rates holding near historic lows, forecasts show 2021 shaping up to …
Read More »: Are financial markets closed for Martin Luther King Day?
Stock and bond markets in the U.S. will be closed Monday, January 18 in observance of Martin Luther King, Jr. Day, offering traders a short break from what’s already been a hectic year. The Securities Industry and Financial Markets Association, or Sifma, has recommended that bond markets close for the …
Read More »NewsWatch: Here’s why the Georgia runoff elections for the U.S. Senate could turn into a ‘big deal’ for markets
MARKETWATCH FRONT PAGE The looming Georgia runoff elections next Tuesday could inject volatility in a high-flying stock market that has mostly looked past politics in favor of the brighter economic outlook next year. See full story. Yes, it’s possible to save too much for retirement You may miss out on …
Read More »Europe Markets: European markets down on new COVID restrictions worries
European stocks declined on Thursday, dragged down by a 1.5% fall of the FTSE 100 UKX, -1.45% index a few hours before the U.K. leaves the European Union’s single market and customs unions, and just as the country is moving to new severe restrictions due to coronavirus concerns. The pan-European …
Read More »NewsWatch: What could rattle markets in 2021, even as vaccines are rolling out
MARKETWATCH FRONT PAGE As a brutal year draws to a close, Wall Street is optimistic about 2021 as the first round of COVID-19 inoculations take place, even though plenty still could go awry. See full story. Fed lending dispute resolved, Capitol Hill eyes coronavirus stimulus votes Sunday Democratic Congressional leaders …
Read More »Asia Markets: Asian stocks mixed amid questions over effectiveness of one vaccine
A currency trader passes by screens showing the Korea Composite Stock Price Index, right, and the foreign exchange rate at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 27, 2020. AP BEIJING (AP) — Asian stock markets were mixed Friday as …
Read More »Mutual Funds Weekly: These money and investing tips can help you set up for the stock market’s ‘Great Rotation’ to value from growth
Don’t miss these top money and investing features: Bargain-basement value stocks have been out of favor for years, with investors driving up the prices and popularity of Big Tech, FAANG and other growth stocks. Yet many U.S. market strategists see a window opening for value stocks in 2021 on hopes …
Read More »Election 2020: Housing, markets and jobs
How will the outcome of this Presidential election affect housing? The research all points to positives. The Meyers Research group looked at the past 13 election cycles and found an approximate 15% drop in sales activity in the November of a federal election year. But their research notes that “the …
Read More »Asia Markets: Asian markets rise as investors await results of U.S. election
A pedestrian walks past an electronic board displaying the Nikkei 225 index on the Tokyo Stock Exchange in Tokyo on Wednesday. AFP/Getty Images Asian markets were mixed in early trading Wednesday, as investors weighed the results of the U.S. presidential election. Japan’s Nikkei 225 NIK, +1.71% rose 1.9% and South …
Read More »