THE FED WALKS INTO A BAR AND THE YIELD CURVE ORDERS A DOUBLE
The Dow has a crown, tech has a migraine, and every borrower in America is refreshing the Fed statement like it owes them money.
The Dow showed up in a tux. The Nasdaq showed up with a hangover. The Fed is about to decide who gets the bill. 🍸📉📈
Today’s GRO Money News is all about the Wednesday money setup: the Dow near record territory, tech cooling after the AI sprint, oil easing on peace headlines, mortgage rates still sitting in the mid-6s, and the Fed holding the entire yield curve hostage with one press conference. 🏦🔥
The real estate takeaway is simple: the payment is still the problem…
The skinny
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