Upbeat Jobs Report Signals Quicker QE Tapering
With jobs growth averaging 200,000 a month this year, BlackRock’s Rieder, LPL’s Canally and more predict Fed tapering could begin as early as September.
Fiscal Cliff Is Higher Than You Think: BofA-Merrill
Taxpayers may have to leap off the fiscal cliff on Jan. 1, 2013, unless Obama and Congress act together.
Fading Homeownership Bodes Ill for Fannie, Freddie: BofA-Merrill Economists
A report from Bank of America Merrill Lynch showing U.S. homeownership at its lowest point in over a decade suggests continued earnings losses for Fannie Mae and Freddie Mac.
Funds Get Real Amid Unreal Housing Market
For many homeowners, the real estate market has turned, well, unreal.The average home price fell 18.22% since its peak in the second quarter of 2006,...