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About Keith Molyneaux

Posts by Keith Molyneaux…

Home Prices Slide Amid Chinese Real Estate Troubles

The prices of new homes in China fell for the first time in more than six years, as Beijing’s regulatory crackdown continues to weigh on one of the nation’s biggest economic drivers. Average new-home prices in 70 major cities were 0.11% lower in April from a year earlier, according to a Wall Street Journal analysis […]

Home Sales, Mortgage Demand, and Builder Sentiment Fall as Housing Market Cools

Surging mortgage rates, sky-high prices, and low inventory are weighing heavily on prospective buyers and builders alike as several key gauges of the housing market have fallen to the lowest levels since the early days of the pandemic. Sales of previously owned homes in April fell 2.4% from March to a seasonally adjusted annualized rate […]

I Bonds as an Emergency Savings Alternative

With inflation continuing to surge, it is more important than ever to protect the purchasing power of your money. We alerted you to the savings potential of inflation-adjusted I-bonds in a previous newsletter, and now the interest paid on these bonds has climbed even higher. Follow the link below for an updated look at the […]

More than Half of CEOs Expect a Recession Ahead

Sentiment among corporate executives has fallen sharply in recent months, with the majority expecting a recession ahead, according to The Conference Board’s quarterly survey of CEOs. More than half, 57%, of the survey’s respondents expect inflation to come down over the next few years, but not without the economy falling into a “very short, mild […]

U.S. Households Are Now Spending $5,000 Per Year on Gas

Gas prices continue to surge, and the annual amount American households are spending to fill their tank is nearly double what it was last year. U.S. households are now spending the equivalent of $5,000 per year on gasoline, according to Yardeni Research. That’s up from $2,800 last year. As recently as March, the annual rate […]