Share Street Signs Asia Peter Alexander, founder and managing director of Z-Ben Advisors sees markets reacting positively to China’s focus on AI and strategy for potential Trump tariffs. He notes government efforts to tackle property market woes, restructure debt, and support consumers through indirect stimulus. 03:58 31 minutes ago Source: www.cnbc.com
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After a strong streak of gains, mortgage demand pulled back last week. An increase in mortgage rates, as well as rising uncertainty about the economy, were the likely culprits. Total mortgage application volume dropped 6.2% from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year…
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A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025 in Pasadena, California. Mario Tama | Getty Images Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week. Total mortgage applications…
Share Street Signs Asia David Kuo, co-founder of The Smart Investor warns investors chasing China’s stock rally spurred by Deepseek. He highlights the government’s unpredictable policy shifts, and lower liquidity markets and cautions that households are unwilling to spend due to the government’s refusal to tackle the problems behind the weak housing market. 03:25 an…
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