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Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data

Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI DataThis month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to pushing gold’s price up by […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market

Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing MarketFollowing the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply chains. In fact, after the pandemic, America’s housing market boomed […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 DaysIn mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate

Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real EstateHomebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds, clearinghouses, and financial services companies. The weight of real estate property under […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market

Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate MarketThe Federal Reserve and America’s big banks have significantly inflated home prices across the U.S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. One report notes that homebuyers are bidding against “pension funds and Wall Street types,” as […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100