Americas

Cramer largely agrees with Bank of America’s bullish analysis and says next year could bring gains for the S&P 500

CNBC’s Jim Cramer responded to Bank of America’s bullish 2024 outlook on Tuesday, agreeing that it’s possible the S&P 500 could reach the 5,000 mark by the end of next year. Bank of America strategist Savita Subramanian wrote on Tuesday that she expects 2024 to be a “stock picker’s paradise,” saying the bank is optimistic … [Read more…]

A 30-Year Trap: The Problem with America’s Weird Mortgages

Before the pandemic, buying a home was difficult. Somehow it’s getting more and more difficult. The already sky-high prices have risen even further in the last three years, by almost 40 percent. The available apartments have become scarcer: Offers have fallen by almost 20 percent in the same period. And now interest rates have risen … [Read more…]