OPINION

Give A Sucker An Even Break

The US housing sector became a popular place despite the overall economic downturn caused by the Covid-19 pandemic, as cheap mortgage rates and the disruptions caused by the virus spurred people to shop for homes
Via direct taxes and a ruinous stealth inflation levy, savers will keep picking up the tab for the borrowers' bonanza.
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Traders work during the opening bell at the New York Stock Exchange (NYSE) on November 4, 2019 in a session that would produce records for the Dow, S&P 500 and Nasdaq

A Bullish Sign For S&P 500

S&P 500 companies that saved positive earnings surprises for Wall Street saw a more significant price increase than usual.
The U.S. Federal Reserve Building is pictured in Washington, March 18, 2008.

The Fed May Be Misleading Markets, Again

While it's unclear whether low-interest rates helped low-income Americans get jobs, one thing is clear. Low-interest rates were music to the ears of Wall Street traders and speculators.

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