Monthly Archives: December 2022

Millionaire investors haven’t been this bearish since 2008

[ad_1] Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. Fifty-six percent of millionaire investors surveyed expect the S&P 500 to decline by 10% in 2023. Nearly a third expect declines of more than 15%. …

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Homebuilder sentiment falls again, but bottom may be near

[ad_1] A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to see potential green shoots. Builder sentiment in the single-family housing market dropped two points to 31 …

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