the banking collapse and mortgage rates | expectations vs real estate | dana point real estate

the banking collapse and mortgage rates | expectations vs real estate | dana point real estate

On Friday, the Dow Jones closed down over 300 points, the worst week since June. The collapse of Silicon Valley Bank, the biggest bank failure since the global financial crisis of 2008 caused a sell-off for the
stock market as Regulators took control of SVB on Friday. That banking news dampened the February jobs report news that was also released on Friday which is really a shame because the jobs report actually showed some sign of slowing inflation.

Even with payrolls increasing more than expected, the smaller than expected wage gain captured the focus of investors.
The hope is the lower wage gain may force the FED to re-examine the game plan for additional, aggressive rate hikes.

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Credits:

Valuetainment/PBD Podcast
Video: https://www.youtube.com/watch?v=_fxWjejv0Es&t=410s

Motion Graphics:
https://www.vecteezy.com/video/2273298-digital-animation-of-business-stock-market-price-chart

https://www.vecteezy.com/video/21030036-4k-improvement-or-career-growth-animation-stairway-to-success-confidence-businessman-step-walking-up-stair-of-success-with-rising-up-arrow

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