Housing: Existing home sales fall to lowest level since June 2020 as mortgage rates rise – Yahoo Finance

Housing: Existing home sales fall to lowest level since June 2020 as mortgage rates rise – Yahoo Finance

Housing: Existing home sales fall to lowest level since June 2020 as mortgage rates riseYahoo Finance Fayetteville-area homes for sale rise to $ 232,740 median priceThe Fayetteville Observer Red hot property market shows signs of cooling down, realtors say, as April home sales dropped 2.4%Daily Mail Gastonia-area homes for sale rise to $ 299,000 median … Read more

Ford SUV engines could catch fire; company issues recall – WFAA

Ford SUV engines could catch fire;  company issues recall – WFAA

Ford SUV engines could catch fire; company issues recallWFAA Ford recall: 39K SUVs at-risk of a serious malfunctionNJ.com Ford Advising 39,000 Expedition And Navigator Owners To Park Outside Due To Fire RiskCBS Sacramento Ford Recalls Expedition and Lincoln Navigator Over Fire Risk; Ford Says Park OutsideJalopnik View Full Coverage on Google News

Weekend reads: Retail troubles and how to handle this scary stock market

At first glance, it might appear that the stock market finally fared pretty well for one week through May 19 —- the benchmark S&P 500 index SPX, + 0.01% was down only 0.7%. But it’s on track to be down for seven straight weeks – the first time since 2002, when it fell for eight … Read more

Americans now have an average of $ 9,000 less in savings than in 2021

The ongoing economic effects of the Covid-19 pandemic have taken a bite out of Americans’ savings. The average amount of personal savings dropped 15% from $ 73,100 in 2021 to $ 62,086 in 2022, according to Northwestern Mutual’s recent 2022 Planning & Progress study. And 60% of US adults say that the pandemic has been … Read more

Do not let fear drive your decisions, even in a bear market. What investors should do next

As terrifying as it may be to watch your portfolios dip, investors should resist the urge to drop everything and go scurrying into cash. The S&P 500 has tumbled 18% this year and briefly fell into a bear market during Friday’s session – a decline of 20% from its highs. The Nasdaq Composite, entrenched in … Read more

Investors Dare to Dip Back Into Bonds

Bonds are back, say investors who are daring to buy into the battered market. Stability emerged in debt markets this week, with the 10-year US Treasury yield retreating from a peak over 3% following a five-month route that worsened as stocks plummeted. While most of the buyers anticipate further turmoil if the US economy slides … Read more

What Is a Bear Market? As the S&P 500 Skids, How Bad Could It Get?

The benchmark S&P 500 stock index is falling, flirting with what investors call a bear market. If you’re just tuning in or watching your retirement savings shrink, here’s what you need to know about the grizzly decline. Stocks enter a bear market when widely followed indexes such as the S&P 500 or the Dow Jones … Read more

What Is a Bear Market? As the S&P 500 Skids, How Bad Could It Get?

The benchmark S&P 500 stock index is falling, flirting with what investors call a bear market. If you’re just tuning in or watching your retirement savings shrink, here’s what you need to know about the grizzly decline. Stocks enter a bear market when widely followed indexes such as the S&P 500 or the Dow Jones … Read more

‘The dip is your friend’: Why some advisers are telling young investors to buy stocks, despite stagflation fears roiling markets

How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wall Street is nervous at the prospect of stagflation – the double-edged sword of prolonged inflation and high unemployment – as … Read more

What to think about when saving for near-term goals amid choppy markets

As inflation soars and markets slide, many investors are wondering what’s coming next. Traditional advice dictates that long-term investors – those who are focused on retirement dates further down the road – should stay the course in the markets. But those with shorter time horizons of three- to five-years for a closer goal, like saving … Read more