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Pending home sales rebounded sharply in October, despite rising mortgage rates

A single family home is shown for sale and in escrow in San Marcos, California.Mike Blake | ReutersBuyers came roaring back to the housing market in October, even as mortgage rates rose.Signed contracts on existing homes, so-called pending sales, jumped 7.5% from September,...

Dow climbs nearly 200 points but Nasdaq falls again as rising rates divide the market

The Nasdaq Composite fell for the second consecutive day as higher interest rates appeared to put pressure on high-flying tech stocks, but shares of banks and industrial names moved higher in a split market on Tuesday.The tech-heavy index fell 0.50% to 15,775.14, while...

Consumers on the Hook for Rising Producer Prices – Silver Doctors

Supply shortages are exacerbated by consumers reading the inflation writing on the wall… by Peter Schiff of Peter Schiff Podcast Supply shortages exacerbated by consumers reading the inflation writing on the wall.Gas prices at the pump close to all time record highs in most of...

Home prices are now rising much faster than incomes, studies show

During the Covid pandemic, home prices have shot up nearly nationwide while household income fell.As a result, homeownership became out of reach for many would-be buyers.However, affordability was a growing problem well before 2020 and the start of the pandemic.In the last decade,...

Rising Fundamentals Of Gold & Silver – Silver Doctors

Prices move up and down, in the restless churn of our… by Keith Weiner of Monetary-Metals Prices move up and down, in the restless churn of our irredeemable monetary system. There are several schools of thought whose theories attempt to describe, if not...

Small Businesses Getting Hit With Rapidly Rising Costs, Wage Hikes – Silver Doctors

It’s not as simple as just raising wages. Many small business owners are already suffering and can’t afford much more cost increases and… by Jason Burack of Wall St For Main St  It’s not as simple as just raising wages. Many small business owners are...