Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Posted inBanking and Financial Institutions Bessent, Scott Currency Government Bonds Presidential Election of 2024 Quantum Fund Soros Fund Management Soros, George Stocks and Bonds Treasury Department United States Economy

Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
Mortgage Rates Fell, Then Rose. What Comes Next?
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Grosse Pointe (Mich) Interest Rates Mortgages Presidential Election of 2024 Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Trump, Donald J United States Economy

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.
Stock Market Rallies to Its Best Week in Over a Year
Posted inBanking and Financial Institutions Government Bonds Presidential Election of 2024 Regulation and Deregulation of Industry Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds Trump Media & Technology Group Trump, Donald J

Stock Market Rallies to Its Best Week in Over a Year

President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.