Could Overly Easy Credit and a Soaring Stock Market Threaten the Fed’s Fight Against Inflation? As the Federal Reserve kicks off its two-day meeting, stocks continue to rally, with the S&P 500 ending January with a gain of 6.2%. The tech sector performed even better, with a 9.2% increase in the same period. Meanwhile, interest … Read more
One of the hallmarks of the ‘American Dream’ has long been owning your own home— and it’s a dream people around the globe share. But now that housing affordability has hit its lowest levels since the early 2000s in many parts of the world, this ‘dream’ is looking more and more like a fantasy. When … Read more
On March 29, the Dallas Fed issued a report warning that for the first time since the early 2000s, a “bubble” is “brewing” in the housing market. The authors found that prices are becoming “unhinged from fundamentals” and that the buyers are showing troublesome signs of “exuberant behavior.” The revival of the “B” word by … Read more
