Euribor Drop Brings Significant Savings to Spanish Homeowners
The average Euribor in December 2024 fell to 2.435%, resulting in significant savings for Spanish homeowners with variable-rate mortgages and a surge in home sales; this is due to decreased inflation, economic uncertainty in Europe, and the European Central Bank's interest rate cuts.
Euribor Drop Brings Significant Savings to Spanish Homeowners
The average Euribor in December 2024 fell to 2.435%, resulting in significant savings for Spanish homeowners with variable-rate mortgages and a surge in home sales; this is due to decreased inflation, economic uncertainty in Europe, and the European Central Bank's interest rate cuts.
Progress
44% Bias Score
China Prioritizes Domestic Demand Boost, Despite Yuan Depreciation Risks
Facing headwinds from potential US tariffs, geopolitical tensions, and interest rate differentials, China plans to prioritize monetary easing to boost domestic demand in 2025, aiming for long-term yuan stability despite potential short-term depreciation.
China Prioritizes Domestic Demand Boost, Despite Yuan Depreciation Risks
Facing headwinds from potential US tariffs, geopolitical tensions, and interest rate differentials, China plans to prioritize monetary easing to boost domestic demand in 2025, aiming for long-term yuan stability despite potential short-term depreciation.
Progress
36% Bias Score
Year-End Market Summary: S&P 500 Gains Despite Late December Dip
On December 31st, 2024, Wall Street aimed to reverse a three-session decline, with the S&P 500 up 2.5% for Q4 despite a 2% December drop; the bond market closed early, and the year saw back-to-back 20%+ growth in the S&P 500, impacting Treasury yields and highlighting the AI revolution and a US Trea...
Year-End Market Summary: S&P 500 Gains Despite Late December Dip
On December 31st, 2024, Wall Street aimed to reverse a three-session decline, with the S&P 500 up 2.5% for Q4 despite a 2% December drop; the bond market closed early, and the year saw back-to-back 20%+ growth in the S&P 500, impacting Treasury yields and highlighting the AI revolution and a US Trea...
Progress
24% Bias Score
European Markets Steady, US Markets Fall Before New Year's
European stock markets remained largely stable on a shortened pre-holiday trading day, while US markets closed lower, with the Dow Jones falling 1%, S&P 500 1.1%, and Nasdaq 1.2%. Natural gas prices surged over 18% due to cold weather forecasts and uncertainty about Russian supply, impacting oil pri...
European Markets Steady, US Markets Fall Before New Year's
European stock markets remained largely stable on a shortened pre-holiday trading day, while US markets closed lower, with the Dow Jones falling 1%, S&P 500 1.1%, and Nasdaq 1.2%. Natural gas prices surged over 18% due to cold weather forecasts and uncertainty about Russian supply, impacting oil pri...
Progress
20% Bias Score
Increased Housing Inventory, But High Percentage of Stale Listings Slows Market
November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...
Increased Housing Inventory, But High Percentage of Stale Listings Slows Market
November 2024 saw a 12.1% rise in active housing listings compared to November 2023, reaching a peak since 2020; however, 54.5% of these homes had been listed for at least 60 days, the highest share since 2019, while the average time to contract was 43 days, the slowest since 2019, despite pending h...
Progress
40% Bias Score
Rising Treasury Yields Dampen U.S. Stock Futures
U.S. stock index futures fell on Monday morning due to rising Treasury yields, threatening the typical year-end "Santa Claus" rally; the Dow, S&P, and Nasdaq futures all declined.
Rising Treasury Yields Dampen U.S. Stock Futures
U.S. stock index futures fell on Monday morning due to rising Treasury yields, threatening the typical year-end "Santa Claus" rally; the Dow, S&P, and Nasdaq futures all declined.
Progress
40% Bias Score
China to Prioritize Monetary Easing to Boost Domestic Demand in 2025
China's central bank will prioritize monetary easing to boost domestic demand in 2025, potentially cutting interest rates by 0.5 percentage points and reserve requirement ratios by 0.5 to 1 percentage point, despite expecting moderate yuan depreciation against the US dollar in the first half of the ...
China to Prioritize Monetary Easing to Boost Domestic Demand in 2025
China's central bank will prioritize monetary easing to boost domestic demand in 2025, potentially cutting interest rates by 0.5 percentage points and reserve requirement ratios by 0.5 to 1 percentage point, despite expecting moderate yuan depreciation against the US dollar in the first half of the ...
Progress
32% Bias Score
S&P 500 Poised for Continued Growth Despite Economic and Political Uncertainties
The S&P 500 index is projected to rise about 24% in 2024, marking consecutive years of over 20% growth for the first time since 1998, driven by cooling inflation, Fed rate cuts, and robust investor confidence, yet the incoming Trump administration's policies present both opportunities and risks that...
S&P 500 Poised for Continued Growth Despite Economic and Political Uncertainties
The S&P 500 index is projected to rise about 24% in 2024, marking consecutive years of over 20% growth for the first time since 1998, driven by cooling inflation, Fed rate cuts, and robust investor confidence, yet the incoming Trump administration's policies present both opportunities and risks that...
Progress
44% Bias Score
Increased Housing Supply in November 2024, but Many Listings Remain Unsold
Despite a 12.1% increase in active home listings in November 2024 compared to November 2023—the highest since 2020—over half (54.5%) remained unsold for at least 60 days, indicating pricing or condition issues despite increased supply and higher pending sales.
Increased Housing Supply in November 2024, but Many Listings Remain Unsold
Despite a 12.1% increase in active home listings in November 2024 compared to November 2023—the highest since 2020—over half (54.5%) remained unsold for at least 60 days, indicating pricing or condition issues despite increased supply and higher pending sales.
Progress
40% Bias Score
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Sanders to Introduce Bill Capping Credit Card Interest Rates at 10%
Senator Bernie Sanders will introduce legislation to cap credit card interest rates at 10%, echoing a campaign promise by President-elect Trump, amidst $1.17 trillion in US credit card debt and average interest rates at 24.43% in December 2024.
Progress
48% Bias Score
DAX Closes 2024 at Record High Despite Global Uncertainty
The German DAX index concluded 2024 at 19,909 points, exceeding expectations despite global political instability including a rightward shift in European elections, French government uncertainty, Trump's US election win, and Germany's collapsed coalition. Gold prices also reached record highs.
DAX Closes 2024 at Record High Despite Global Uncertainty
The German DAX index concluded 2024 at 19,909 points, exceeding expectations despite global political instability including a rightward shift in European elections, French government uncertainty, Trump's US election win, and Germany's collapsed coalition. Gold prices also reached record highs.
Progress
56% Bias Score
Santa Claus Skips Wall Street: Market Down 1.2% Amid Weak Breadth and Rising Yields
The S&P 500's 1.2% drop since Tuesday marks the absence of the usual year-end "Santa Claus rally," driven by weak market breadth (58% of S&P 500 companies trading above their 200-day moving average) and rising Treasury yields above 4.6%, contrasting with the historical average 1.3% gain since 1969.
Santa Claus Skips Wall Street: Market Down 1.2% Amid Weak Breadth and Rising Yields
The S&P 500's 1.2% drop since Tuesday marks the absence of the usual year-end "Santa Claus rally," driven by weak market breadth (58% of S&P 500 companies trading above their 200-day moving average) and rising Treasury yields above 4.6%, contrasting with the historical average 1.3% gain since 1969.
Progress
44% Bias Score