The U.S. housing shortage may be frustrating consumers, but the housing market is in a “very healthy state” compared with a decade ago, Marcus & Millichap CEO Hessam Nadji said Friday. “The lack of speculation now being applied versus other expansions by the developers … not only is that not happening because of lenders being
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Global growth concerns and low inflation continue to support long term government bonds (TLT, VGLT). ISHARES 20+ YEAR TREASURY BOND ETF: http://www.zacks.com/funds/etf/TLT/profile?cid=cs-youtube-ft-card VANGUARD LONG-TERM GOVMT BOND ETF: http://www.zacks.com/funds/etf/VGLT/profile?cid=cs-youtube-ft-card Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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An estimated 63 million Americans receive a Social Security check each month, according to the Social Security Administration (SSA). That’s more than one in six individuals. For some, it represents their primary source of retirement income. If you’re banking on Social Security to supplement what you’ve saved in a 401(k), IRA, or another qualified retirement
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US consumers are expected to send back a record $100bn worth of unwanted goods bought between Thanksgiving and Christmas as the rise of ecommerce causes a returns epidemic. Online purchases are almost three times more likely to be returned than those in stores, leaving retailers with millions of items to sort. Clothing is particularly problematic
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A security researcher was able to use a bug in the Twitter Android app to identify millions of Twitter users, connecting their phone numbers to their Twitter IDs. The exploit could expose failures in the company’s two-factor authentication system and give other security developers pause. According to a TechCrunch report, the researcher, Ibrahim Balic, created
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The Santa Claus Rally Defined In 1972, Yale Hirsch, a stock market analyst and author of the annually published book titled “Stock Trader’s Almanac,” identified and named an apparent stock market anomaly. He called it the Santa Claus rally because it usually occurred during a six-session stretch beginning with the first trading session after Christmas
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Billionaire candidate Mike Bloomberg’s presidential campaign may not be taking money from some of the most influential Democratic donors on Wall Street, but he is working hard to convince them he has a path to win the nomination. Bloomberg and his team made their pitch Dec. 19 to at least 90 attendees, including many New
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Ready to Retire? If you’re considering retiring early, you’ll forego not only the headaches of working but also the additional earnings that could have made your retirement even more comfortable. Make sure you’re truly ready before you leave. Key Takeaways Start debt-free, with a healthy retirement account that will support your extra years not working. Make
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What you need to know Tech-heavy Nasdaq on track for best run since July 2009 Gold breaks $1,500 mark after multisession rally Brent crude hits highest level since September’s drone attack spike Overview Wall Street hit fresh intraday highs as several reports this week suggested an interim trade deal between Beijing and Washington was still
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ouriel Ohayon is CEO of KZen Networks, maker of the keyless ZenGo crypto wallet. This year Tel Aviv played host to its first Blockchain Week, a sign that the
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In 2007 the rules were changed to allow non-spousal beneficiaries of 401(k) and other defined contribution retirement plans to treat these accounts in a similar fashion. Inherited IRA Basics Spousal beneficiaries of an IRA have the option of taking the account and managing it as if it were their own, including the calculation of required
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Negative yields (noun) Financial-market terminology to describe the situation in which bonds are so expensive that buyers are guaranteed to make a loss. Markets took a funny turn in 2019. In fairness, they had been acting oddly for some time. Ever since the financial crisis of 2008 prompted central banks around the world to slash
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After spending more than $10 million on a process to find companies interested in buying the eighth-largest public utility in the country and the largest in Florida, JEA canceled the search on Christmas Eve. In an emergency meeting Tuesday, the board of directors for the utility voted unanimously to stop its procurement process in midstream
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Villa Valencia, set to debut in 2021, is among the luxurious new developments to come to exclusive … [+] Coral Gables, Fla. Location Ventures It’s no secret Miami’s Downtown and Brickell districts are experiencing transformative change. In recent years, both communities have witnessed massive redevelopment that has transformed them into inviting, far more walkable live-work-play
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Market Moves The market closed higher, breaking new territory in all major indexes for yet another day. One might think that this market could be summed up by a slogan on a coffee mug that reads “Keep Calm and Buy More.” And yet the Volatility Index (VIX) ended the day with a slight increase over
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Australian tourism chiefs launched their biggest UK advertising campaign in more than a decade on Christmas Day in a bid to reverse a decline in British visitors, which they have linked to uncertainty over Brexit.  The A$15m campaign headlined by pop icon Kylie Minogue taps into longstanding ties between the two Commonwealth nations and forms part
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The American Cancer Society (ACS), a non-profit organization committed to funding cancer research, is now accepting bitcoin donations through BitPay. “Cancer affects people from all walks of life, so it’s not surprising that we draw support from a broad cross-section of donors,” ACS exec Brant Woodward told CoinDesk. “Our mission is urgent and in order
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Market Moves Stocks, bonds, currencies, and commodity markets traded nearly unchanged during the hours of yesterday’s abbreviated session at the New York Stock Exchange. The price of silver and gold were notable exceptions, however, as these markets broke significantly higher. The price of silver rose nearly 2%, while gold increased by 1%.  This small price
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