Tag: RUTX

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors

Adding fuel to the economic recovery underway is the fact that The Conference Board Consumer Confidence Index® held steady in May, following a sharp decline in April.

“The Index now stands at 86.6 (1985=100), up from 85.7 in April. This a Key indicator as to the overall direction of the stock market and should continue to climb, given the pent-up demand that is returning to the market after some 3 months shut-down.

This Market’s Q-1 Downdraft Created Massive Opportunities for Savvy Investors
Bruce Willard Barren on LinkedIn • 3 min read

By Paul Ebeling on June 9, 2020

 

Home Buyers Like Wall Street Really Like ‘cheap money’

There is a caveat to the current interest rate decline: ‘A global recession would be bad for business, particularly if the outbreak stalls wage growth and consumer confidence’.

“If there is a sharp reduction in trade and economic activity, we will start to see people not qualify for a mortgage, That is the biggest risk now.” But I do not see that happening on President Trump’s watch, and I expect it to run for another 4 years.

Home Buyers Like Wall Street Really Like ‘cheap money’
Bruce Willard Barren on LinkedIn • 4 min read
By Paul Ebeling on March 4, 2020