30-year mortgage rate just spiked to 7.17%
This is macro pain for real estate and consumer spending. Higher rates = less liquidity flowing into risk assets.
Watch housing data closely. If this holds, expect:
• Weaker consumer confidence
• More pressure on equities
• Potential rotation back into bonds
Not bullish for crypto short-term unless we see a Fed pivot signal soon. Tight money = tight markets.
This is macro pain for real estate and consumer spending. Higher rates = less liquidity flowing into risk assets.
Watch housing data closely. If this holds, expect:
• Weaker consumer confidence
• More pressure on equities
• Potential rotation back into bonds
Not bullish for crypto short-term unless we see a Fed pivot signal soon. Tight money = tight markets.