S&P

Biden’s Disapproval Rating Hits New High of 56%

Joe Biden’s disapproval rating hits new high of 56% as another poll results in trouble for Democrats with 2022 mid-terms fast approaching.

US Home Prices Surged Almost 20% In October

U.S. home prices surged in October as the housing market remains strong after the COVID-19 pandemic, according to a key economic indicator.

California Scheming

Luxury apartment or essential housing? How America’s most notorious junk municipal bond peddlers are getting rich off California’s affordability crisis.

Biden Says Not Concerned About US Stock Market Plunge as He ‘Expected It’

US President Joe Biden said on Friday that he is not concerned about the plunge in the US stock market and he had expected it over concerns related to the new Omicron coronavirus variant."I expected it," Biden told reporters when asked if he is worried about the stock market plunge.

Stocks, Oil Drop on Concerns Over New Covid-19 Variant

Treasury yields slide as investors shed riskier assets and pile into havens.

Dow Jones Drops 900 Points on Opening Bell as New COVID-19 Variant Roils Markets

The Dow Jones fell over 900 points just after opening bell on Nov. 26, with other major Wall Street stock indexes—and risk assets more generally—also seeing sell-offs as news of a new COVID-19 variant spreading in South Africa seems to have sparked a broader risk-off sentiment among investors.

Inflation Surge Pushes Gold to Five-Month High

Climb in the haven asset accompanies other signs that investors are starting to seek more protection from rising consumer prices and interest rates.

US Likely to See Higher Inflation From Housing ‘For a While’, Fed Governor Says

The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.

‘It’s a melt-up’: U.S. stocks are on an unusually strong run heading into the holidays

‘Stocks are loving the very easy monetary policy,’ says a portfolio manager

Brazilian monarchist backs Trump media venture

A central figure in former US President Donald Trump’s bid to create a new social media platform is a Brazilian parliamentarian and self-proclaimed prince who has campaigned to restore elements of the monarchy that ended with the overthrow of Emperor Pedro II in 1889.

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