There’s a historic bull market in uncertainty

Existing Home Sales Tumble In September, Despite Low Mortgage Rates

Despite historically low mortgage rates, sales have not commensurately increased, in part due to a low level of new housing options.

Fed Injects $99.9 Billion Into Markets Tuesday: WSJ

The Federal Reserve Bank of New York injected $99.9 billion in temporary liquidity into financial markets Tuesday.

Half the World’s Banks Are Too Weak to Survive a Downturn

A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, McKinsey said in its annual review of the industry released Monday.

 

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