My latest : Stock Market Concerns That Feel Worse
The S&P 500 had its first correction in a while, but investors (and noted long-time market bulls) are nervous that it’s a sign of bigger things to come amidst policy chaos.
This interactive housing market map shows where sellers—and buyers—have the most power right now by ResiClub
Nationally, according to Zillow, the market is neutral between sellers and buyers. It’s still a seller’s market in the Northeast and Midwest, and buyer’s are gaining power in Florida and Texas primarily.
Fed Holds Steady, Cites “Elevated Uncertainty” by Charles Schwab Asset Management
Policy uncertainty and inflation still above the Fed’s 2% target make it likely that the Fed won’t cut rates until later this year. Longer-term expect yield to fall due to slower economic growth, and keep your bond portfolio’s duration near benchmark.
See also: Consumer Confidence: Inflation Worries Lead to 12-Year Low in Expectations by Wells Fargo
Consumer confidence continued a four-month string of declines in March, and consumers reported a broad deterioration in their assessment of the inflation outlook and business conditions. The Expectations Index fell to its lowest point in 12 years, as the uncertain impact of tariffs continues to cloud the outlook for consumers.
Europe Becomes a Union by Scott Galloway
Increased defense spending and fiscal stimulus, getting tougher on Russia, and the UK moving closer to Europe again are all examples of how U.S. foreign policy is forcing the European Union to wake up and flex its economic muscles to the benefit of their economies and public companies.
Michael Santoli, Senior Markets Commentator at CNBC, joins us to break down today’s turbulent headlines. Is the U.S. experiencing a market correction, or is something bigger on the horizon? We dive into recent volatility, the S&P 500’s pullback, the “Magnificent 7” stocks rolling over, and hot topics like DOGE and Tesla. Plus, Michael highlights key market trends that aren’t getting enough attention—but should be.
Book Recommendation
The Son by Philipp Meyer
The best novel I’ve read in a while. A New York Times bestselling epic, a saga of land, blood, and power that follows the rise of one unforgettable Texas family from the Comanche raids of the 1800s to the oil booms of the 20th century.
Boston Corner
Massport, Uber, and Lyft agree to more modest increases for rideshares at Logan
South Coast Rail unlocked: Daytrip to New Bedford and Fall River
