President Trump recently announced a new initiative in an attempt to relieve the tight housing inventory in the United States. Their idea is to prohibit large investment companies from purchasing single-family homes in the future. So would this rule really turn the tide and make housing more affordable for families? This is what experts believe….
The Trump White House moved full speed ahead last week in redirecting Venezuelan oil exports to the United States, with President Trump even promising that this new source of oil would be “taken directly to unloading docks in the United States.” It remains to be seen whether the plan will be economical (especially if Trump’s…
The S&P 500 Index ($SPX) (SPY) today rose +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) rose +0.99% and the Nasdaq 100 Index ($IUXX) (QQQ) rose +0.78%. March E-mini S&P futures (ESH26) rose +0.58% and March E-mini Nasdaq futures (NQH26) rose +0.80%. Stock indices are rising today and the Dow Jones Industrial Average has reached…
The Dollar Index (DXY00) is down -0.22% as underlying dollar bearish sentiment outweighed today’s better-than-expected US GDP report and lower chances of the Federal Reserve easing monetary policy. Markets have today reduced the odds of a -25bp rate cut from 20% to 13% at the next FOMC meeting on January 27-28. The dollar continues to…
After 232 years of production, the US Mint stamped its final batch of pennies on November 12, 2025. In February, President Trump ordered the Treasury Department to stop minting pennies because the government was losing money on each coin; Since each cent cost 3.69 cents to produce, the production process was almost four times more…
The Dollar Index (DXY00) rose to a one-week high on Friday and ended up +0.19%. The dollar rose on Friday amid weakness in the yen. Additionally, upbeat comments on Friday from New York Federal Reserve President John Williams supported the dollar as he said some of the data we’re seeing is “pretty encouraging” and that…
The dollar index (DXY00) rose +0.24% on Wednesday. The dollar rose on Wednesday due to GBP/USD weakness after November consumer prices in the UK rose less than expected. Additionally, the yen’s weakness on Wednesday was positive for the dollar as Japanese fiscal concerns weigh on the yen. Additionally, Wednesday’s stock market crash boosted liquidity demand…
Today January WTI Crude Oil (CLF26) rose +0.76 (+1.38%) and January RBOB Gasoline (RBF26) rose +0.0166 (+0.99%). Crude oil and gasoline prices are rising today amid increased geopolitical risks in Venezuela and Russia. President Trump ordered a blockade of sanctioned tankers off Venezuela, and the United States is preparing new sanctions on Russian energy exports…
The dollar index (DXY00) has risen +0.17% today. The dollar is rising today due to GBP/USD weakness after November consumer prices in the UK rose less than expected. Additionally, the yen’s weakness today is positive for the dollar as Japanese fiscal concerns weigh on the yen. The dollar retreated from its best level following dovish…
Wall Street 24 hours a day, 7 days a week. September An inflation reading of 3% represents moderate price growth, which is above the Federal Reserve’s long-term goal of 2%, but well below the elevated rates seen in 2022 and early 2023. At this level, inflation indicates that the overall price level of goods and…
