Soft Landing, Hard Layoffs. Where rate-cut hopium runs into HR reality.
Global markets limp into the week as Fed hawks crush hopes for another December rate cut, Asia opens mostly lower, and October layoffs hit their worst level since 2003. We break down what mid-6% mortgage rates mean for housing, how $1.5T of maturing CRE debt will get refinanced, and why stablecoins are becoming part of Treasury market plumbing. Plus: today’s M&A tape, Bitcoin’s bruising week, and a hot sales idea to turn this volatility into deal flow.
Until tomorrow, be the best human you can be.
~ Teresa Grobecker
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The skinny
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