DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
“ - 2 ” - 2 ” Daniel Alpert - 1 Alpert - 1 ” Daryl Fairweather - 1 Samantha Delouya - 1 Greg McBride - 1 Dow - 1
Top related locs:
New York Amazon Silicon
Top related orgs:
New - 2 New York CNN - 2 Westwood Capital - 2 Fed - 2 Federal Reserve - 1 Bankrate - 1 Dow Jones - 1 Dow - 1

Search resuls for: "Daniel Alpert"


5 mentions found


☆ The Fed’s rate cuts could have unintended consequences for the housing market
  + stars: | 2024-09-18 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
The market had become all but impenetrable after mortgage rates went from historic lows in 2020 to their highest levels in a generation last year. “And I think if we even go down to 5.9%, that would be really psychologically impactful to the housing market. The current 6.2% mortgage rate average is, of course, preferable to last year’s peak of 7.8% — a difference that could translate to hundreds of dollars in monthly payments. As my colleague Samantha Delouya wrote this week, a drop in mortgage rates could be a double-edged sword. “A further drop in mortgage rates could bring a surge of demand that makes it tougher to actually buy a house.”
Persons: ” Daniel Alpert, Alpert, “, ” Daryl Fairweather, Samantha Delouya, ”, Greg McBride Organizations: New, New York CNN, Federal Reserve, Westwood Capital, Fed, Bankrate Locations: New York
☆ Why we care so much about the Dow, the stock market’s dumbest index
  + stars: | 2024-05-16 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —The Dow Jones Industrial Average is, at best, an imperfect barometer of stock market activity among a narrow band of very large US companies. It’s clunky, and too limited in scope for any Wall Street pros to pay serious attention to it. “Mention ‘the Dow’ and, to most people, that means the stock market,” said Art Hogan, chief market strategist at B. Riley Financial, in a note to CNN. It’s just an index that tracks the stock market activity of 30 large US companies, from Amazon to McDonald’s to the Walt Disney Company. Market capitalization measures the total value of a company on the stock market.
Persons: Dow, ”, Hogan, It’s, “ Dow Jones ”, “, Nick Colas, you’re, ” Colas, Daniel Alpert, wasn’t, Goldman Sachs, Colas, I’ve, ” Alpert Organizations: New, New York CNN, Dow Jones, Dow, Riley Financial, CNN, Walt Disney Company, Westwood Capital, Standard Oil, US Steel, Microsoft, Apple Locations: New York, Amazon, Silicon
☆ The Federal Reserve Has Frozen Our Housing Market - The New York Times
  + stars: | 2023-11-14 | by ( Daniel Alpert | ) www.nytimes.com   time to read: +1 min
The Federal Reserve’s relentless attack on inflation is jeopardizing our housing market. The Fed should immediately reverse course and buy mortgage securities to help moderate consumer mortgage rates. This will allow the Fed to raise non-housing interest rates, if necessary, while also allowing the housing market to resume functioning normally again. The central bank raised its key federal funds policy interest rate to a level about 22 times what it was previously in less than 18 months. In normal times, higher Treasury rates, which make mortgages more expensive, divert household income to mortgage payments and away from other purchases, dampen home buyer demand and, ultimately, lower home prices.
Persons: Paul Volcker Organizations: Fed
☆ The bank panic is subsiding just in time for the Fed to
  + stars: | 2023-03-21 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
New York CNN —One week ago, right in this here newsletter, I wrote about how Wall Street was having a Zen moment. In the optimistic camp: “The bank crisis-ette is over,” Daniel Alpert, managing partner at Westwood Capital, told me. And it will be the first time the world hears from Fed officials since the collapse of Silicon Valley Bank, thanks to a cosmic twist of timing. But because of the banking turmoil, there is a chance the Fed would decide not to raise rates this time around. If the Fed feels the crisis has passed, Alpert said, it will be emboldened to go for the quarter-point hike.
☆ Obama wants companies to strip degree requirements from more six-figure jobs to address the labor shortage
  + stars: | 2023-03-20 | by ( Jason Lalljee | Ethan Dodd | ) www.businessinsider.com   time to read: +5 min
Former President Barack Obama said more states should drop degree requirements for government jobs. It's an example of "a smart policy that gets rid of unnecessary college degree requirements and reduces barriers to good paying jobs," Obama said on Twitter. In recent years, states have eliminated four-year degree requirements to shore up their understaffed governments, and Republican governors have led the way. Arizona and Oregon have temporarily loosened degree requirements to address a teacher shortage. Georgia and Alaska are considering dropping degree requirements to fill government vacancies as well.
0 next >>
Total: 5