Yun: Reducing spending brings down interest rates

Lawrence Yun, Chief Economist at the National Association of Realtors, explains that reducing the national deficit could help lower mortgage rates by impacting bond yields. Although the Fed has cut rates, 10-year yields remain high due to budget deficits.

[AndreAlbritton]

So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble

[TinaMyles]

It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.

[merlinfitz]

A lot of news have been going on about a rally after the election, urging investors to watch out for stocks that would be experiencing significant growth. Any idea which stocks to put on my watchlist?

[tengoken]

Elon will reduce debt by "investing" in Tesla vehicles.

[lawrencesullivan]

good luck! Every president since Reagan have called for eliminating "waste, fraud, and abuse" and yet ended up spending more. Cutting taxes is not going to reduce the deficit but row it!

[word]

If interest rates went to zero, it still wouldn't help people buy homes. The houses should not be this expensive. The median income would have to jump 100% for people to be able to own a home like back in the day.

[clifftanch]

If you look at the prices of the 10-year Treasury future over the past month, it shows there is no credibility to the idea Trump 2.0 will lower the deficit. He has nobody to blame but himself.

[Diamond-Real-Nature-Sounds]

Isn’t the deportation of illegal immigrants paying a crucial role here?