Inflation scare

Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. U.S. Federal Reserve Chair Jerome Powell holds a press […]

Social Security

 Today, many of our retired seniors are struggling to make their money last from month to month as inflation has taken a big chunk out of their monthly income! And, many don’t have enough saved and rely solely on Social Security to get by.  According to a Federal Reserve study, only 54% of Americans have […]

Very big Fed week

Hold onto your hats because it’s going to be a very big Fed week Markets will gyrate right up until the Fed announces its interest-rate decision. But don’t forget: Apple reports quarterly results on Thursday, and a big jobs report lands on Friday. It may be too much to say the week coming up is […]

Reverse Mortgage Business

The traditional reverse mortgage business model has shifted, but is that good? Industry professional Jarred Talmadge explores how the reverse mortgage business model has changed, but questions if that’s for the better? If you listen to the more traditional business mortgage voices, they are talking about untapped markets and underserved clients. They talk about how […]

ticking time bomb for retirement income

Study reveals pivots amid ticking time bomb for retirement income. Many people approaching retirement fear they don’t have enough and want to turn to alternatives Study reveals pivots amid ticking time bomb for retirement income. Those approaching retirement in Canada and the US are among those facing an impending crisis in their senior years. Following […]

Running out of retirement money

Scarier than death? Running out of retirement money Old age is the trickiest part of life to navigate financially, with its unpredictable care expenses and unknowable longevity. It’s also the point at which cognitive decline can scupper even the savviest financial plan. Why it matters: A recent American Economic Association paper surveyed Americans in or […]

Market crash by 30 percent

Market crash by 30 percent The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns He sees less government spending, slimmer corporate profits, and banking pressures as key drivers. The founder of “The Bear Traps Report” touts energy and metals as smart bets […]

Fed rate hikes and default fears

Fed rate hikes and default fears: Here’s what could be next for the housing market  Homebuyers and renters alike could feel relief later this year as home prices stabilize, mortgage rates decline and rent price growth continues to slow. Economists expect the Federal Reserve to pause rate hikes for a time while it observes incoming […]

Foreclosures are up

Foreclosures are up. But is the housing market headed for a crash? Foreclosure notices ticked up nationwide in the first quarter of the year with more than 65,000 properties beginning to go through the process. There were 36,617 new filings in March, which marks the 23rd consecutive month with a year-over-year increase in foreclosure activity, according […]