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Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Existing US Home Sales Plunged In March, Despite Falling Mortgage Rates
Affordability-aiding lower mortgage rates battled a sentiment-sapping surge in geopolitical panic in March, with analysts expecting the latter to outweigh the former with a modest 0.7% MoM decline (after January's plunged - weather? - and February's modest rebound).
The analysts under-estimated the fear from war-mongering as existing home sales plunged 3.6% MoM (down bigly from an upwardly revised 2.7% MoM jump in Feb). That is the second biggest drop in existing home sales since Nov 2022...
Source: Bloomberg
That dragged Existing Home...
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Ukraine's Attack On Caspian Pipeline Consortium Aims To Destabilize Global Oil Markets: Kremlin
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The Kremlin has accused Ukraine of orchestrating a plan to further destabilize global oil markets by carrying out drone attacks on the Caspian Pipeline Consortium (CPC).
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via Caspian News
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Passenger Jet Collides With Vehicle At NYC's LaGuardia, Killing Pilot And Co-Pilot
Passenger Jet Collides With Vehicle At NYC's LaGuardia, Killing Pilot And Co-Pilot
An Air Canada Express CRJ-900 regional jet operated by Jazz Aviation collided with a fire truck while landing at New York's LaGuardia Airport (LGA) late Sunday night at 23:40 ET, instantly killing the pilot and co-pilot. There were approximately 76 people on board.
BREAKING: Several injuries after Air Canada plane and firetruck collide on runaway at New York's LaGuardia Airport pic.twitter.com/cO6u5HD1YA
— BNO News (@BNONews) March 23, 2026
Local authorities said LaGuardia Airport is closed and may remain shut until 14:00...
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