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Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Sign Up NowGet this delivered to your inbox, and more info about our products and services. U.S. home builders started construction on homes at a seasonally-adjusted annual rate of roughly 1.79 million in March, representing a 0.3% increase from the upwardly-revised figures for the previous month, the U.S.

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He has worked in financial journalism for nearly five years, including at Barron’s Magazine. Gabe received his bachelor’s degree in Political Science from the University of Wisconsin-Madison, where he graduated with honors. Tesla’s Q1 earnings and revenue exceeded analyst expectations.

I Own A Rental Home In New York That I Want To Sell Should I Wait Until My Tenants Have Moved Out

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  • On a seasonally unadjusted basis, purchases were also down by 14% over last year.
  • “I feel like the sell-off we’ve had in the last couple of weeks is ahead of earnings,” says Linda García, founder of In Luz We Trust.

In central bank news, the Federal Reserve’s Beige Book revealed economic activity expanded at a moderate pace from mid-February to early April despite businesses contending with Forex news ongoing labor shortages and elevated inflation. On the data front, MBA mortgage applications fell for a sixth consecutive week (-5%) as mortgage rates surged to a 12-year peak.

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Bram Berkowitz

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The information contained herein constitutes general information and is not directed to, designed for, or individually tailored to, any particular investor or potential investor. You can even take advantage of a dip to invest more, but not if it impacts your regular investing schedule, Muñoz advises. It’s hard to tell when there’s going to be a dip or correction, and “not even the best investors in history can time the market.” The smartest advice is to stick to your plan and keep investing.



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