Home sales are slumping all over the country

Nan Palmero/Flikcr The National Association of Realtors says that mortgage rates are to blame for slumping home sales.  Every major region of the country, Northeast, Midwest, South, West is getting hit.  Low housing supply hasn’t helped either.  Mortgage rates skyrocketed in January, possibly prompting the slump.  But it just started. Could it be the new […]

Bitcoin is slumping back down toward $10,000

Markets Insider Bitcoin is down 7%, trading around $ 10,700 Monday morning. The flagship cryptocurrency plummeted last week, before paring some of its losses on Friday.  Now it could fall below $ 10,000 per coin once again.  Follow the price of bitcoin in real-time here>> After paring much of last week’s heavy losses on Friday, […]

New Zealand dollar is slumping with the coalition of Labour and NZ First parties

Currencymuseum.net The NZDUSD is under a huge amount of pressure overnight after New Zealand has finally formed a government and center-left Labour party leader Jacinda Ardern is going to be the new Prime Minister. This was probably the worst case scenario for NZD bulls. The market seems to be leaning towards a weak NZD in the coming […]

2018 Honda Accord charges into slumping sedan market

DETROIT – Honda on Friday revealed its newest-generation Accord, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit automakers shift focus to SUVs, crossovers, and pickup trucks. The new Accord, like rival Toyota’s all-new Camry arriving this month, offers major improvements in fuel economy, technology, styling […]

Porsche posts six-month record despite slumping industry sales

Porsche posted its best six-month sales period ever in the first half of 2017, according to figures released Tuesday. Sales were up in every major market, with worldwide growth sitting at seven percent. Most notably, China has surpassed the North America as Porsche’s largest market. From January through June, Porsche sold 126,497 cars worldwide. Sales […]

STURM RUGER: Gun demand was unusually strong before the election, but now it’s slumping (RGR)

Jonathan Ernst/Reuters Demand for guns from Sturm, Ruger & Co. slowed in the first quarter, according to the company’s earnings results released on Monday.  The firearms-maker said sell-through of its products from independent distributors to retailers fell 7% after “stronger-than-normal demand [from consumers] during most of 2016, likely bolstered by the political campaigns for the […]