by Calculated Risk on 4/29/2025 03:32:00 PM From the Las Vegas Visitor Authority: March 2025 Las Vegas Visitor Statistics With a slightly less‐packed event calendar and as‐yet unclear impacts of evolving federal policies rippling thru international and domestic markets, visitation saw a ‐7.8% YoY decline as the destination hosted approximately 3.39 million visitors in March….
by Calculated Risk on 4/29/2025 01:28:00 PM This substack is from a auto industry insider: Inside the Auto Tariff Battle: What Washington Is Not Saying Out Loud A friend of mine who lives in the thick of Washington called me this week. What he said made me sit up straight. The news is spinning a…
by Calculated Risk on 4/29/2025 10:00:00 AM From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 7.2 million in March, the U.S. Bureau of Labor Statistics reported today. Over the month, hires held at 5.4 million, and total separations changed little at 5.1 million. Within separations,…
Europe is still dependent on Russian gas, acknowledged European Commissioner for Energy Dan Jorgensen. In his opinion, such a situation is unacceptable, both from a political and moral point of view, as well as from a security perspective. A roadmap aimed at phasing out the use of Russian gas will be presented soon. At the…
Investors are left guessing: 100 days into Trump’s second term Donald Trump is approaching the first major milestone of 100 days in his second term in the White House, but markets and central banks around the world have failed to adapt to the new realities of his unpredictable rule. Financial experts are watching anxiously as…
Crypto acquisitions and public listings are surging in 2025 and have followed a handful of distinct patterns, according to billionaire venture capitalist Chamath Palihapitiya. Palihapitiya cites a recent Wall Street Journal report, which indicates that digital asset firms have been involved in 88 deals totalling $8.2 billion in transaction value so far this year. The…
by Calculated Risk on 4/28/2025 07:15:00 PM From Matthew Graham at Mortgage News Daily: Mortgage Rates Start New Week Slightly Lower Mortgage rates ended last week at the lowest levels since April 7th. The average lender remained at those same levels at the start of business today, but many lenders offered modest improvements as the…
by Calculated Risk on 4/28/2025 11:26:00 AM Today, in the Calculated Risk Real Estate Newsletter: Final Look at Local Housing Markets in March and a Look Ahead to April Sales A brief excerpt: After the National Association of Realtors® (NAR) releases the monthly existing home sales report, I pick up additional local market data that…
by Calculated Risk on 4/28/2025 10:00:00 AM The Census Bureau released the Residential Vacancies and Homeownership report for Q1 2025 today. The results of this survey were significantly distorted by the pandemic in 2020. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and…
by Calculated Risk on 4/28/2025 08:14:00 AM Altos reports that active single-family inventory was up 1.3% week-over-week. Inventory is now up 16.7% from the seasonal bottom in January and is increasing. Usually, inventory is up about 9% from the seasonal low by this week in the year. So, 2025 is seeing a larger than normal pickup…