Tuesday, November 15, 2022

Notes today: 

  • Mortgage Rates Could Tank Home Prices by 20%, Fed Study Finds

  • BREAKING: A senior U.S. official states that Russian missiles have crossed into Poland (killing two) - Eagerly awaiting Kremlin explanation-  on purpose or accident?

  • Berkshire Hathaway Inc.’s Charlie Munger, a longtime critic of crypto, called digital currencies a combination of delusion and fraud in the wake of the blowup of exchange FTX. "Partly fraud and partly delusion. That’s a bad combination."

“This is a very, very bad thing," Munger said. "The country did not need a currency that was good for kidnappers.



 

 

 


 

  • JPMorgan Chase & Co.’s asset-management arm entered into a deal to acquire more than $1 billion of single-family rentals, a sign that choppy markets haven’t scared investors away from suburban housing.
  • Invitation Homesa company with a portfolio of some 80,000 homes.

















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