Housing market saw above-average price gains despite rising cost of mortgage financing, Case-Shiller says
Home prices hit a new all-time high in December, says Case-Shiller
Decade-long S&P 500 bull surge is running into a valuation wall
A monster 10 years for US stocks has showered money on the buy-and-hold faithful and made virtually every other asset class an also-ran.
4 Social Security mistakes that can cost you thousands of dollars
A Boston University economist says that people often don’t understand the complexity of the system and the pitfalls that await them.
Wall Street’s fear gauge spikes to a 4-month high on bond sell-off
Wall Street’s “fear gauge” passed a key level Tuesday with investors rattled by soaring bond yields. Stocks have plummeted with traders expecting interest rates to stay high well into 2024. That’s driven the VIX, which tracks S&P 500 volatility, to a four-month high.
S&P 500 looks risky, may plunge 25% if something shocks system: Wilson
The S&P 500 is priced for perfection and could plunge 25% if problems crop up, Mike Wilson says. Morgan Stanley’s stock chief says the outlook for company earnings and the economy is pretty grim. Investors have piled into Big Tech to ride out the storm, but they may still feel pain, Wilson says.
JPMorgan says S&P 500 is overvalued
Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.
