Trump

Real Estate

Housing Market’s Blue Christmas: Pending Sales Slide Most Since 2001

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The downturn comes at an interesting time: There are now 47% more sellers than buyers on the market, according to RedFin.

2 min read

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Banking

White House Affordability Push Grabs Big Bank Bulls by the Horns

The six largest US banks paid more than $140 billion in dividends and buybacks last year, setting a record, according to Bloomberg.

2 min read
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Markets

Wall Street Gets Squeezed by Twin Global Crises

Yields on ultra-long 40-year Japanese Government Bonds (JGB) rose 0.26 percentage points Tuesday, reaching 4.2%, an all-time high.

2 min read
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International Economics

Europe Readies Its ‘Bazooka’ Defense Of Greenland

European investors are the single-largest foreign holders of US treasuries and equities by far, holding $8 trillion in assets.

2 min read

Real Estate

Washington Scrutinizes Builder Buybacks as Home Starts Hit Five-Year Low

Photo via imageBROKER/Karsten Thielker/Newscom

2 min read

Markets

Why Lower Interest Rates May Not Deliver the Affordability Washington Wants

Photo via Jimin Kim/ZUMAPRESS/Newscom

In recent days the spread between the 10-year and two-year yields has been hovering near the highest levels since April.

2 min read

Energy

Markets Shrug Off Shift in Venezuelan Oil Industry’s Prospects

Photo via Michele Eve Sandberg/Sipa USA/Newscom

Venezuela’s 303 billion barrels worth of oil reserves are estimated to be about a fifth of the world’s total.

2 min read

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