High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
High Credit Card Debt Prompts January Push for Debt Forgiveness
Rising inflation and high credit card interest rates are increasing financial strain on Americans; consumer credit card debt rose from \$1.14 trillion to \$1.17 trillion between Q2 and Q3 2024, prompting consideration of debt settlement options like credit card debt forgiveness to alleviate the burd...
Progress
44% Bias Score
S Broker Tagesgeld: 1.5% Variable Interest Rate
S Broker's Tagesgeld account offers a variable 1.5% annual interest rate with no minimum deposit, up to a maximum of €500,000, paid quarterly, contrasting with competitors' promotional rates.
S Broker Tagesgeld: 1.5% Variable Interest Rate
S Broker's Tagesgeld account offers a variable 1.5% annual interest rate with no minimum deposit, up to a maximum of €500,000, paid quarterly, contrasting with competitors' promotional rates.
Progress
40% Bias Score
Dollar Hits Two-Year High Amidst Global Economic Uncertainty
The US dollar index (DXY00) reached a two-year high on Tuesday, increasing by 0.29%, due to strong year-end demand, a weakening Chinese yuan, rising US Treasury yields, and stronger-than-expected US home price increases in October.
Dollar Hits Two-Year High Amidst Global Economic Uncertainty
The US dollar index (DXY00) reached a two-year high on Tuesday, increasing by 0.29%, due to strong year-end demand, a weakening Chinese yuan, rising US Treasury yields, and stronger-than-expected US home price increases in October.
Progress
36% Bias Score
Wall Street Projects Surge in Corporate Profits Amidst Economic Uncertainties
Wall Street forecasts a 9.4% surge in S&P 500 company profits for 2024, exceeding 1.4% growth in 2023, driven by a strong labor market and easing inflation; however, uncertainties remain due to potential policy shifts under the incoming Trump administration and the Federal Reserve's interest rate de...
Wall Street Projects Surge in Corporate Profits Amidst Economic Uncertainties
Wall Street forecasts a 9.4% surge in S&P 500 company profits for 2024, exceeding 1.4% growth in 2023, driven by a strong labor market and easing inflation; however, uncertainties remain due to potential policy shifts under the incoming Trump administration and the Federal Reserve's interest rate de...
Progress
40% Bias Score
UK House Prices Rise 4.7% in 2024 Despite Affordability Challenges
Nationwide reported a 4.7% rise in UK house prices in 2024, reaching an average of £269,426 by December; however, affordability challenges persist, and upcoming stamp duty and interest rate changes are expected to impact the 2025 market.
UK House Prices Rise 4.7% in 2024 Despite Affordability Challenges
Nationwide reported a 4.7% rise in UK house prices in 2024, reaching an average of £269,426 by December; however, affordability challenges persist, and upcoming stamp duty and interest rate changes are expected to impact the 2025 market.
Progress
40% Bias Score
US Jobless Claims Hit Eight-Month Low Amidst Economic Resilience
Initial US jobless claims dropped to a eight-month low of 211,000 last week, signaling a robust labor market and influencing the Federal Reserve's decision to reduce interest rate cuts; however, challenges remain with some workers facing prolonged unemployment and construction spending showing mixed...
US Jobless Claims Hit Eight-Month Low Amidst Economic Resilience
Initial US jobless claims dropped to a eight-month low of 211,000 last week, signaling a robust labor market and influencing the Federal Reserve's decision to reduce interest rate cuts; however, challenges remain with some workers facing prolonged unemployment and construction spending showing mixed...
Progress
36% Bias Score
Canadian Telecoms, Market Shifts, and Commodity Outlook
TD Cowen lowered BCE's price target to $32.00, while BMO's top 15 North American Income list features several Canadian firms; Wells Fargo forecasts strong 2025 earnings growth and a long-term commodity bull market, favoring U.S. large-cap equities.
Canadian Telecoms, Market Shifts, and Commodity Outlook
TD Cowen lowered BCE's price target to $32.00, while BMO's top 15 North American Income list features several Canadian firms; Wells Fargo forecasts strong 2025 earnings growth and a long-term commodity bull market, favoring U.S. large-cap equities.
Progress
40% Bias Score
Australian Share Market Set for Lower Open After Wall Street Decline
The Australian sharemarket is predicted to open lower on Thursday, following a Wall Street decline that wiped out more than \$1 trillion from large-cap market values; ASX futures fell 0.9 percent on December 31, while the Australian dollar traded at US 61.91 cents, amid concerns about President-elec...
Australian Share Market Set for Lower Open After Wall Street Decline
The Australian sharemarket is predicted to open lower on Thursday, following a Wall Street decline that wiped out more than \$1 trillion from large-cap market values; ASX futures fell 0.9 percent on December 31, while the Australian dollar traded at US 61.91 cents, amid concerns about President-elec...
Progress
48% Bias Score
Diverging Economies: Limited US Rate Cuts, Euro Under Pressure
Diverging US and European economies, rising global debt, and inflationary pressures from Trump's policies will likely lead to limited US interest rate cuts, a strengthening dollar, and potential challenges for emerging markets and the Euro, while European bonds present an attractive alternative.
Diverging Economies: Limited US Rate Cuts, Euro Under Pressure
Diverging US and European economies, rising global debt, and inflationary pressures from Trump's policies will likely lead to limited US interest rate cuts, a strengthening dollar, and potential challenges for emerging markets and the Euro, while European bonds present an attractive alternative.
Progress
32% Bias Score
Mortgage Rates Surge to Near 7%, Plunging Demand
During the two weeks ending December 27, 2024, total mortgage application volume plummeted 21.9% due to a rise in the average contract interest rate for 30-year fixed-rate mortgages to 6.97%, impacting both purchase and refinance applications significantly, particularly given the typical seasonal sl...
Mortgage Rates Surge to Near 7%, Plunging Demand
During the two weeks ending December 27, 2024, total mortgage application volume plummeted 21.9% due to a rise in the average contract interest rate for 30-year fixed-rate mortgages to 6.97%, impacting both purchase and refinance applications significantly, particularly given the typical seasonal sl...
Progress
36% Bias Score
Mixed Market Reactions Follow Holiday, Commodity Prices Rise
Global markets displayed mixed reactions on the first trading day of the year, with rising commodity prices offsetting concerns about the incoming Trump administration and weaker economic data from China. The Canadian dollar fell against the US dollar.
Mixed Market Reactions Follow Holiday, Commodity Prices Rise
Global markets displayed mixed reactions on the first trading day of the year, with rising commodity prices offsetting concerns about the incoming Trump administration and weaker economic data from China. The Canadian dollar fell against the US dollar.
Progress
44% Bias Score
Strategic CD Investing Amidst Falling Interest Rates
Falling CD interest rates due to Federal Reserve rate cuts necessitate a strategic approach to CD investments; financial experts advise prioritizing emergency funds and debt reduction, then allocating funds to CDs based on individual financial situations and life goals, balancing them with other sav...
Strategic CD Investing Amidst Falling Interest Rates
Falling CD interest rates due to Federal Reserve rate cuts necessitate a strategic approach to CD investments; financial experts advise prioritizing emergency funds and debt reduction, then allocating funds to CDs based on individual financial situations and life goals, balancing them with other sav...
Progress
36% Bias Score