The US housing market is slowly thawing, but 91% of homes are still overvalued, Fitch says
"High mortgage rates and elevated home prices, which aggravate the affordability issue, continue to moderate the pace of this normalization."
Filip De Mott
Homebuyers are flocking to areas most exposed to extreme weather risk and pushing prices higher, JPMorgan says
Housing prices are actually rising in the areas most at risk of extreme weather because buyers haven't been deterred.
China’s economy is ‘booming,’ but it’s being held back by a lack of confidence, Standard Chartered CEO says
"Every big industrial transition has had a major depression associated with it, or global financial crisis," Bill Winters told CNBC.
DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift
"Sports books are leaning in and offering Taylor Swift themed prop bets, mostly related to Travis Kelce's performance," Bank of America wrote.
Why rate cuts this year could disappoint markets, Deutsche Bank says
"Artificial Intelligence stands out as one technology that could help drive a new productivity cycle," Deutsche Bank wrote.
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communities, Bloomberg reported.
Why banks and consumer groups have become unlikely allies
Trade groups are warning that the Basel III proposal could unintentionally curb credit supply, with consequences for housing and manufacturing.
The housing market is heating back up. But only a small percentage of new homes are fully-built.
"New home sales ended the year on a high note thanks largely to falling interest rates and a decline in existing home sales."
US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns
US commercial real estate is undergoing a striking level of price decline, the International Monetary Fund says.