ilmscore | The Market Is Soaring Again - Here’s the Truth Behind the Rally

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Federal Reserve officials anticipate gradually cutting interest rates if inflation continues to decline sustainably to 2% and the economy maintains near maximum employment. A significant job market collapse is not expected to deter these rate cuts.
""participants, meaning the Federal Reserve Bank officials, anticipated that if the data came in about as expected, with inflation continuing to move down sustainably to 2%" and the economy remaining near maximum employment, it would likely be appropriate to move gradually to a more neutral stance of policy over time. ... and as long as we don't see a major collapse in the job market, well, then you can expect the Fed to keep cutting interest rates.""
Interest Rates
Pending
Donald Trump intends to implement a 25% tax on products from Canada and Mexico, and an additional 10% tariff on goods from China as an early executive action.
"Trump also gave a statement where he said uh that he wants to impose a 25% tax on all products that are entering the United States from Canada and Mexico and an additional 10% tariffs on all goods from China as one of his first executive orders."
Trump Tariffs
Pending
As homes stay on the market longer, buyers are likely to see more price reductions and gain greater negotiating power.
"when homes are staying on the market for a little bit longer, that's when you start to see more price cuts and that's when you start to see more negotiation ability."
Housing Market Negotiation Power
Pending
Donald Trump is expected to pressure the Federal Reserve to lower interest rates, which in turn should lead to lower mortgage rates.
"Trump wants to cut interest rates. He wants to cut mortgage rates. Although he doesn't have that direct power, we can bet that he's going to put pressure on the Federal Reserve Bank to cut interest rates. He's going to put pressure into the mortgage market to get lower mortgage rates out there."
Mortgage Rates
Pending
A decrease in mortgage rates may encourage more homeowners to sell their properties.
"Maybe lower mortgage rates could entice more sellers to leave or refinance which could help the mortgage lenders."
Housing Market Sellers
Pending