Jerome Powell quietly warned Americans there would be places in the US where you ‘can’t get a mortgage’ — and he’s not wrong. Here’s why and what to do if you’re part of this unlucky group The recent California wildfires have displaced thousands of residents and spurred a massive housing crisis in Los Angeles County.
S&P 500 E-Mini futures (ESH25) are up +0.23%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.34% this morning, starting a busy week on a positive note. This week, investors look ahead to remarks from Federal Reserve Chair Jerome Powell and other Fed officials,
Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for actions that may not be good for the economy.
Bitcoin ( BTC) price action abandons its slump to seal a $10,000 daily “green” candle, and a giant CME futures gap. Trump champions the reserve in advance of the first White House crypto summit, promising “more to come.” A big week of US employment data will culminate in Fed Chair Jerome Powell speaking on crypto summit day.
Kevin Hassett, a key economic adviser to President Donald Trump, said that he will hold regular lunch meetings with Fed Chair Jerome Powell and other central bank policymakers.
Finance ministers and central bank chiefs from the Group of 20 developed and developing nations have gathered in South Africa for a two-day meeting.
Analysts say this could provide some relief in the current volatile environment. Further, the current week is set to be dynamic for global and Indian markets, driven by key macroeconomic data releases,
But the impact points to a larger — and unquestionably disturbing — trend. As extreme weather events increase in both frequency and severity, a growing number of insurers are pulling out of disaster-prone regions.
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