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The MBA chief’s calling out the Biden administration’s housing policies, the Toronto mayor’s contemptuous defense of a massive residential property tax and an unlikely setting for weddings. From the wild and wooly world of […]
US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
February 22, 2023
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Comments Off on US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the […]
US Equity Indices Drop As Traders Reassess Fed Hikes: Rate-Sensitive Real Estate, Tech Stocks Underperform
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Comments Off on US Equity Indices Drop As Traders Reassess Fed Hikes: Rate-Sensitive Real Estate, Tech Stocks Underperform
The week kicked off with a significantly different and more risk-averse tone than the one that surrounded the U.S. stock market over the last month. Following Friday’s robust labor market data, traders have repriced the Fed’s rate path […]