by Calculated Risk on 1/21/2025 01:14:00 PM From the MBA: Share of Mortgage Loans in Forbearance Decreases Slightly to 0.47% in December The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.50% of servicers’ portfolio volume in the prior…
The collapse of bitcoin from record heights recorded on Monday is related to traders’ expectations regarding President Donald Trump’s actions in the field of cryptocurrencies. After signing key decrees on the first day of his presidency, the market was hoping for signals about his position on crypto policy. Previously, digital assets showed steady growth against…
Upon assuming the office of President of the United States, Donald Trump signed a number of decrees that marked fundamental changes in the country’s political course. Among his first decisions are the cancellation of 78 decrees issued by his predecessor Joe Biden, as well as the US withdrawal from the Paris Climate Agreement. The President-elect…
Tuesday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 32 and DOW futures are up 225 (fair value). Source link
Bitcoin exceeded $109,000 for the first time in history, reaching $109,112 during trading. The growth is explained by the expectations of the inauguration of Donald Trump, who supports cryptocurrencies and plans to make bitcoin a national priority. Moreover, on the eve of his inauguration, Trump launched the TRUMP meme token on the Solana blockchain, which…
New rate: dollar stable, Asian markets cautiously optimistic The dollar continued to show resilience on Monday, while Asian stock markets expressed cautious optimism. Investors were tensely awaiting Donald Trump’s first steps in his second term, and speculated that Japan could revise its key rate this week. Trump’s inauguration and statements Donald Trump will be sworn…
by Calculated Risk on 1/20/2025 02:04:00 PM Today, in the Calculated Risk Real Estate Newsletter: 1.73 million Total Housing Completions in 2024 including Manufactured Homes; Most Since 2006 A brief excerpt: Although total housing starts decreased 3.9% in 2024 compared to 2023, completions increased sharply year-over-year. There were 1.731 million total completions and placements in…
by Calculated Risk on 1/20/2025 11:17:00 AM From the Association of American Railroads (AAR) Rail Time Indicators. Graphs and excerpts reprinted with permission. For the full year 2024, total U.S. carloads were 11.34 million, down 2.9% (343,156 carloads) from 2023 and down 2.3% (265,491 carloads) from 2022. … Carloads excluding coal, on the other hand,…
by Calculated Risk on 1/19/2025 07:16:00 PM Weekend:• Schedule for Week of January 19, 2025 Monday:• All US markets will be closed in observance of Martin Luther King Jr. Day Oil prices were up over the last week with WTI futures at $77.88 per barrel and Brent at $80.79 per barrel. A year ago, WTI…
China’s GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from previous quarters (5.3%, 4.7% and 4.6%). This made it possible to achieve annual economic growth of 5%, which corresponds to the official target. Increased economic activity was due to a policy change in September last year, but…