Millennials have poured over $500 billion into the housing market over the past year...but what caused this boom? Ed Groshans, Senior Financial Services Analyst at Height Securities joins Your Future Home to discuss where the trend is going and what benefits it's creating along the way.
Groshans says the new tax plan and decreasing unemployment numbers are putting more money into the pockets of young adults. Plus, because millennials are getting married and having kids later in life they are more financially savvy and have saved for a mortgage, home repairs, etc.
He also talks about getting into the housing market while the interest rates are down. He predicts we'll see an upswing in rates over the next few years so it would be smart to get in now.
Netflix’s "Squid Game" has been the buzz of the entertainment world and according to Bloomberg, the series has an estimated value of $900 million to the streaming giant. So far, the film has hit number one in each country Netflix operates in.
Disney has announced that it is reworking the release schedule of its Marvel Cinematic Universe like "Black Panther 2" and "Doctor Strange in the Multiverse of Madness." The delays were reportedly attributed to production issues and the theater date selection process amid the pandemic.
Oil prices are set to soar to record highs as economists project rates of $100 per barrel with Brent Crude Options expected to hit $200 by the end of 2022.
More leaks from Facebook reported by the Wall Street Journal allegedly show that the social media giant's employees had very little confidence in the artificial intelligence moderation. Reportedly, it was unable to discern racist rants, first person shooter videos, and other problematic content.
Gene Goldman, Chief Investment Officer at Cetera, spoke about market trends in the airline industry in the midst of multiple airline delays and widespread staffing issues. Third quarter bank earnings were also discussed.
