Tag Archives: Economic news

How the American Mortgage Machine Works

Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …

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Gold investors face challenges ahead of Glory 2020

Gold wrapped up its best annual performance in years. What comes next is idolatry surviving on unpredictable dynamics, ranging from the strength of the global economic recovery to the health of the US dollar. One of the most active sell-offs in gold futures for February delivery ended Thursday’s session at …

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Japanese stocks are bullish. What’s behind the surge.

The size of the text A pedestrian spotted an electronic stock board in Tokyo showing Nikkei 225 stock. Kyoshi Ota / Bloomberg Japanese stocks hit a 31-year high on Tuesday. Certainly, global markets are in a good mood as investors continue to rally for economic recovery. But the global economy …

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U.S. Stokes rises to records on excitement bets

American stocks rose to record levels on Thursday as lawmakers closed deals to extend a new financial lifeline for businesses and individuals who could support the economy through the most devastating phase of the coronavirus epidemic. In early trading all three major stock benchmarks hit hit highs intraday. The Dow …

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