Hot Reads: Don’t Buy a House Right Now

Plus, historical evidence supporting Powell’s hawkish stance.

Compiled by ETF.com Staff

This May Be ‘Worst Time You Could Buy’: Housing Expert (Yahoo Finance) 

Mortgage rates have jumped by more than 2 percentage points since the start of the year. 

Powell Prescribes More Economic Pain (CFA Institute) 
Three financial lessons support his diagnosis. 

Stocks Fall, Treasury Yields Jump as Investors Face Hawkish Fed (Yahoo Finance) 
Stocks sank lower Monday, extending a sell-off that began last week after comments by Fed Chair Powell at the central bank’s gathering in Jackson Hole. 

Harry Dent: Crash of a Lifetime Is Here; Sell Stocks Now (ThinkAdvisor) 
The “Contrarian’s Contrarian” calls it the “Tech Wreck 2.” 

Meme Stock Mania Is Here to Stay (Advisor Perspectives) 
Even with those wild price swings. 

Buyers Are on the Sidelines (The Irrelevant Investor) 
The housing market needs to sober up. 

Staying Diversified in a Jittery Market (ThinkAdvisor) 
Be selective and cautious when taking big sector bets. 

Robo Advisors Not for the Faint of Heart (Morningstar) 
Michael Kitces explains how the DIY investor can benefit from this advisory tool. 

What Are Qualified Opportunity Zones? (Kiplinger) 
Investing in blighted or up-and-coming “opportunity zones” offers some significant tax-deferral opportunities.