- Benzinga
Home Prices In Opportunity Zones Are A Mixed Bag But Follow National Trends
Home prices in opportunity zones are mixed but keep up with national trends. According to real estate data provider ATTOM's first quarter report, 49% of opportunity zones around the country saw median single-family home and condo prices increase from the fourth quarter of last year to the first quarter of 2024. Prices were also up year over year in two-thirds of opportunity zones with enough data to measure. "Another quarter, same result. That's the take-away yet again inside opportunity zones a
- Benzinga
Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey
Overall optimism toward the U.S. stock market among retail traders has softened in the second quarter (Q2) of 2024. Some 46% of retail traders expressed a bullish outlook — a decrease from 53% in Q1, according to the latest Trader Sentiment Survey from Charles Schwab. Inflation is their top concern, rising from 9% to 19% quarter-over-quarter. The survey incorporated responses from 920 active traders holding retail assets of at least $2,000 with Schwab. Key Highlights Fed rate cuts: Trader expect
- Associated Press
Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding
Flooding in Brazil’s Rio Grande do Sul state ravaged nearly everything needed for economic activity, from local shops to factories, farms and ranches. The environmental catastrophe — unprecedented in state history — upended transportation, including the airport in capital Porto Alegre, which is expected to remain shuttered for months. Gov. Eduardo Leite has said Rio Grande do Sul will need a “kind of ‘Marshall Plan’ to be rebuilt,” although an exact strategy to do so in a way that reduces future climate disasters has yet to be determined.
