More tech tantrums. China’s Covid surge. And above all, no central banks riding to the rescue if things go wrong. Reeling from a record $18 trillion wipeout, global stocks must surmount all these hurdles and more if they are to escape a second straight year in the red.
Newsfeed: After $18 Trillion Rout, Global Stocks Face More Hurdles in 2023 Read More »
A downturn in the residential real estate market could be nearing, Kieran Clancy, a senior US economist at Pantheon Macroeconomics, recently warned. The potential for a major price decline has been on our radar in recent quarters as elevated mortgage rates and record-high prices create an unfavorable environment for buyers.
Newsfeed: Housing Supply Jumps Most On Record As Market Freezes Read More »
The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era.