Trump May Get the Rate Cuts He Wants — But Not Cheaper Mortgages
Black Friday showed the US consumer remains strong, just as we discussed in this newsletter last week. While this is good news for stocks, much of what we consume, save...
By Edward Harrison · Bloomberg
Black Friday showed the US consumer remains strong, just as we discussed in this newsletter last week. While this is good news for stocks, much of what we consume, save and invest revolves around interest rates. And I have some bad news for you: higher borrowing costs are here to stay.