The real estate boom is over – houses are getting cheaper! cause for joy? Unfortunately, no. On the contrary: Behind this is a fatal triple shock for everyone who dreams of owning their own home. It’s pure horror: although house prices are finally falling after so many years, most people can’t afford their own four … Read more
Material prices at record high More and more builders are canceling projects 08/30/2022, 06:09 am Significantly higher interest rates, expensive materials and increased energy costs are becoming more and more of a financial challenge for many house builders. Every tenth company in residential construction is already affected by cancellations. Experts warn of a construction crisis. … Read more
Traders on the New York Stock Exchange Potential interest rate hikes are weighing on the markets. (Photo: IMAGO/UPI Photo) Frankfurt, Düsseldorf It’s a shock that the markets will probably need some time to digest. After the US Federal Reserve and the European Central Bank made it unmistakably clear at the weekend that they would continue … Read more
The markets are trying to recover. And the price of gold was also able to make up ground. But tomorrow, Friday, is hovering over all movements on the financial markets. Then Federal Reserve Chairman Jerome Powell will address the annual Jackson Hole Symposium in Wyoming. To help market participants, Powell will need to be clear … Read more
25.08.2022 09:29 a.m. – 01:33 a.m Federal Reserve Summit in Jackson Hole “How do we get the toothpaste back in the tube?” When the world’s central bankers gather in Jackson Hole, all eyes are on Jerome Powell. How will the Fed react to the next rate hike? The market is waiting for statements and the … Read more
Jerome Powell The Fed chair will deliver a well-received speech in Jackson Hole on Friday. (Foto: Bloomberg) New York, Frankfurt Rarely have the expectations of the leading monetary politicians been as high as this year. At the weekend, central bankers and economists from all over the world meet in Jackson Hole, high up in the mountains … Read more
Everything is getting more expensive, inflation is at its highest since the late 1970s. Businesses are also suffering from this, as well as from the antidote, rising interest rates. But there are stocks that can take the price shock. Solid, established companies that have the power to simply pass higher costs on to their customers. … Read more
After the European Central Bank (ECB) raised interest rates in the euro area from zero to 0.50 percent for the first time in eleven years due to record inflation, the European and thus also the German money market is on the verge of a historic turning point. The first major bank is already reacting to … Read more