By Michael Burry, the investor of “The Big Short” fame.Jim Spellman/Getty ImagesMichael Burry predicted a second inflation surge, and price growth reaccelerated in March.The “Big Short” investor first warned of inflation in April 2020, over two years before it peaked.Burry expected a recession, rate cuts, and stimulus spending to reignite inflation.Michael Burry of “The Big Short”…
Arizona’s high court upheld an 1864 abortion law, banning the procedure in most cases. See what Howell’s Code was and read the text of the law. The Arizona Supreme Court upheld a 160-year-old abortion ban on Tuesday. If it takes effect, it would prohibit and criminalize all abortions in Arizona except in instances where the…
A new $13 million state program to help middle-income Arizona families purchase homes kicked off Thursday. Why it matters: Arizona — and especially metro Phoenix — has a severe housing shortage that … A new $13 million state program to help middle-income Arizona families purchase homes kicked off Thursday. Why it matters: Arizona — and…
By: Donald Trump said Arizona’s abortion ruling went too far. … The Arizona ruling shows how the issue will … The Federal Reserve hiked interest rates in … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
Unemployment claims for the week ending March 30 ticked up in the Golden State, according to the Labor Department. Unemployment claims for the week ending March 30 ticked up in the Golden State, according to the Labor Department. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news. The choice…
By US stocks wobbled on Thursday after a cooler-than-expected reading on producer prices helped soothe investor worries stemmed by Wednesday’s surprise uptick in consumer prices.The Dow Jones Industrial Average (^DJI) traded just below the flatline while the S&P 500 (^GSPC) opened 0.2% higher, coming off a rout that saw the gauges drop about 1%. The…
By: On April 26, the Bureau of Economic Analysts releases the March Personal Consumption Expenditures Price Index report. The index tracks changes in … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The yield on the 10-year T-note climbed, reflecting investors’ view that interest rates won’t fall as quickly as they had hoped. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … [Personal Consumption Expenditures] that the Fed looks [at] was stronger than this. The last report had that at 2.5% over the previous 12 months … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: High interest rates work to undercut inflation by slowing the economy and hurting investment prices. The fear is that rates left too high for too long … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.