Greg Englesbe

As Wall Street hits peak, U.S. home prices show little sign of budging

Signs of slowing inflation sent Wall Street to its highest level in more than a year on Wednesday, boosting Asian stocks along with it as U.S. government data showed promising signs for the economy. The S&P 500 reached its strongest closing level since April 2022, with stocks from Big Tech to utilities rising along with […]

How will the Fed’s pause on rate hikes affect the U.S. housing market?

After 10 consecutive meetings in which the U.S. Federal Reserve raised its benchmark interest rate, this week the central bank decided to hit pause on further increases. The Fed pointed to reassuring data on inflation as the reason for the steadying measure, but indicated that  two more rate hikes are expected before the end of 2023. It’s a welcome […]