opinion

Stop Blaming Mortgage Rates for Slumping Home Sales - SchiffGold.com

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DW NOTE

The mortgage rate story is a distraction. September home sales fell 2.1% month-on-month with the 10-year at 5.10% and the 30-year mortgage likely above 7%. But household formation has collapsed, real wages are down for 38 consecutive months, and the median home now costs 8.1 times median income versus a historical norm of 4.0. High rates didn't create the shortage — they just made it impossible to pretend prices were sustainable.

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

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The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout