Is improvement in the labor market undoing equities?
Per Bloomberg News, equity investors are a bit jittery:
U.S. stocks declined, giving the Standard & Poor’s 500 Index (SPX) its first three-day drop since June 12, amid growing speculation the Federal Reserve will pare bond purchases this year as the economy strengthens.
In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.
