ilmscore | URGENT: The FED Cancels Rate Cut, Market Plummets, Major Changes Ahead

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Prediction
Topic
Status
The divergence between the S&P 500 bull market and the Russell 2000 bear market is unprecedented and may signal a slowdown in economic growth.
"This is also the first time ever that the S&P 500 is in a bull market when small caps are in a bare Market some economists even call this an economic bellweather it slump could be a sign that growth is about to slow"
Economic Bellwether Indicator
Pending
A potential market sell-off could occur due to rate hikes being priced in, the Federal Reserve being forced to cut rates due to national debt costs, or unforeseen 'black swan' events.
"since the market is always forward-looking it could sell off because rate hikes might already be priced in There's also the chance that the Federal Reserve is forced to lower interest rates if the national debt becomes too expensive to maintain or there's the chance of a Black Swan event that nobody sees coming"
Market Sell-off Due to Rate Cuts
Pending
Freddie Mac forecasts that mortgage rates will decrease in the latter half of the year, settling in the 6% range.
"Freddy Mack anticipates that mortgage rates will ease throughout the second half of the Year while remaining in the 6% range"
Mortgage Rates Forecast
Pending
National home prices are projected to increase by 2.8% in 2024 and 2% in 2025.
"We forecast home prices to increase 2.8% in 2024 and 2% in 2025 nationally"
National Home Price Forecast
Pending
Specific cities like Miami, San Diego, and Los Angeles may see slight price declines, while cities such as Indianapolis, Chicago, and Detroit could experience price increases of up to 5%.
"Miami San Diego Los Angeles Tampa Nashville Austin and Orlando among others are likely to see a marginal decline while Indianapolis New Orleans Chicago Pittsburgh Detroit and Louisville could see prices increased by as much as 5%"
Regional Housing Market Performance
Pending
Forecasts for median home price changes in 2024 range from a 1% drop (Redfin) to a 0.2% drop (Zillow) and a 3% drop (Morgan Stanley).
"redin believes that 2024 will see a median drop of 1% Zillow thinks we'll see a drop of0 2% Morgan Stanley anticipates a drop of 3%"
Median Home Price Change Forecast 2024
Pending
JPMorgan Chase predicts that housing affordability issues may be resolved by 2027.
"JP Morgan believes that affordability could be resolved by the time 2027 comes around"
Affordability Resolution Timeline
Pending
The Federal Reserve has decided to maintain current interest rates for the foreseeable future.
"the Federal Reserve has decided to once again pause rates for the foreseeable future"
Federal Reserve Rate Policy
Pending
Interest rate cuts are likely to occur around the middle of the year.
"it'll probably happen towards the middle of the year"
Anticipated Rate Cut Timing
Pending
The Federal Reserve has removed the phrase 'unacceptably high' when describing inflation, suggesting a belief that inflation will continue to decline.
"they no longer include the phrasee unacceptably high to describe inflation while laying out reasons why they felt inflation would continue to fall"
Federal Reserve Language on Inflation
Pending
Almost all Federal Reserve officials anticipate a lower benchmark policy rate by the end of 2024, with most expecting at least a 0.75 percentage point reduction.
"all but two fed officials see The Benchmark policy rate lower by the end of 2024 than it is now with the majority of policy makers seeing it trimmed by at least 34 of a percentage point"
Federal Reserve Officials' Rate Outlook
Pending