MarketMinute | Hope for the 2024 Housing and Finance Markets
Investors are full of optimism for 2024 as the S&P 500 Index sits within striking distance of its first all-time high in nearly 2 years. Initial jobless claims rose 218K last week, more than estimated but still consistent with a resilient labor market. Inflation around the globe is slowing faster than expected. Experts say levels could return to normal in 2024 for the first time in 3 years. The FHFA reported home prices rose 6.3% year over year in October, faster than September’s 5.5%...
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