— 𝕮𝖍𝖎 🛢️ (@chigrl) October 19, 2019
Overall @federalreserve #BeigeBook sentiment has been trending down; but not yet leading to dramatic decline in business activity (which has been much flatter this cycle than past cycles)@mredmond88 @BostjancicKathy @SoberLook @OxfordEconomics pic.twitter.com/dYTR5qN32e
— Liz Ann Sonders (@LizAnnSonders) October 17, 2019
— Adam Tooze (@adam_tooze) October 16, 2019
Despite historically low mortgage rates, sales have not commensurately increased, in part due to a low level of new housing options.
The Federal Reserve Bank of New York injected $99.9 billion in temporary liquidity into financial markets Tuesday.
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.