Asian Markets Mixed After US Records, South Korea Tense
Asian markets saw mixed results Monday, with South Korea's Kospi down 2.3% after US stocks hit records Friday on a strong jobs report; South Korean President Yoon Suk Yeol faces uncertainty amid a reported police travel ban.
Asian Markets Mixed After US Records, South Korea Tense
Asian markets saw mixed results Monday, with South Korea's Kospi down 2.3% after US stocks hit records Friday on a strong jobs report; South Korean President Yoon Suk Yeol faces uncertainty amid a reported police travel ban.
Progress
40% Bias Score
Lock in High CD Rates Before December Fed Meeting
With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.
Lock in High CD Rates Before December Fed Meeting
With the Federal Reserve likely to cut interest rates in December 2024, savers should consider opening a long-term CD now to lock in higher rates before lenders preemptively lower their offers, preventing holiday overspending and securing predictable returns.
Progress
56% Bias Score
"Trump Says He Won't Remove Federal Reserve Chair Powell"
"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."
"Trump Says He Won't Remove Federal Reserve Chair Powell"
"President-elect Donald Trump stated on NBC's 'Meet the Press' that he will not remove Federal Reserve Chair Jerome Powell, despite past threats and disagreements over interest rate policies."
Progress
44% Bias Score
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
Progress
32% Bias Score
US Hiring Jumps in November, Boosting Economy but Raising Inflation Concerns
US employers added 227,000 jobs in November, rebounding from October's decline caused by storms and strikes; this strong hiring, led by healthcare and hospitality, has bolstered the economy while raising concerns about inflation.
US Hiring Jumps in November, Boosting Economy but Raising Inflation Concerns
US employers added 227,000 jobs in November, rebounding from October's decline caused by storms and strikes; this strong hiring, led by healthcare and hospitality, has bolstered the economy while raising concerns about inflation.
Progress
40% Bias Score
Canada Unemployment Jumps to 6.8%, Fueling Rate-Cut Bets
Canada's unemployment rate unexpectedly rose to 6.8 percent in November, the highest since 2017, despite a 50,500 job increase, prompting increased expectations for a significant interest rate cut by the Bank of Canada next week.
Canada Unemployment Jumps to 6.8%, Fueling Rate-Cut Bets
Canada's unemployment rate unexpectedly rose to 6.8 percent in November, the highest since 2017, despite a 50,500 job increase, prompting increased expectations for a significant interest rate cut by the Bank of Canada next week.
Progress
36% Bias Score
Spain's Mortgage Rates Hit Second-Lowest in Europe
As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...
Spain's Mortgage Rates Hit Second-Lowest in Europe
As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...
Progress
44% Bias Score
Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing
The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.
Home Equity Loans: Credit Score Takes Precedence Over Fed Meeting Timing
The Federal Reserve's expected December interest rate cut may not drastically change home equity loan rates, as lenders often adjust offers preemptively; borrowers should prioritize improving their credit scores before applying.
Progress
48% Bias Score
Bond Vigilantes' Potential Resurgence
Ed Yardeni coined the term "bond vigilantes" to describe large investors who influence government policy by strategically buying and selling bonds, impacting interest rates; their potential resurgence is linked to concerns about increased government borrowing under the new administration.
Bond Vigilantes' Potential Resurgence
Ed Yardeni coined the term "bond vigilantes" to describe large investors who influence government policy by strategically buying and selling bonds, impacting interest rates; their potential resurgence is linked to concerns about increased government borrowing under the new administration.
Progress
40% Bias Score
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
Progress
52% Bias Score
Global Central Banks Respond to Economic Challenges as Bitcoin Hits $100,000
Central banks in Europe, Australia, and Brazil are adjusting interest rates in response to varied economic challenges; Bitcoin surpasses $100,000; and U.S. inflation data will influence the Federal Reserve's decision on further interest rate cuts.
Global Central Banks Respond to Economic Challenges as Bitcoin Hits $100,000
Central banks in Europe, Australia, and Brazil are adjusting interest rates in response to varied economic challenges; Bitcoin surpasses $100,000; and U.S. inflation data will influence the Federal Reserve's decision on further interest rate cuts.
Progress
44% Bias Score
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
US Job Market Rebound Boosts Expectations of December Rate Cut
America's job market rebounded strongly in November, adding 227,000 jobs, leading to an 88 percent market expectation of another Federal Reserve interest rate cut in December; the unemployment rate rose slightly to 4.2 percent.
Progress
40% Bias Score