WS #10600
Trump cancels scheduled signing of bipartisan housing bill via Truth Social, demanding passage of SAVE America Act first, adding policy uncertainty and dampening homebuilder sentiment. Gold breaks below $4,000, silver slides, and bitcoin sinks toward $60K as the 'debasement trade' unwinds amid falling oil and easing geopolitical tensions. Hertz Global Holdings shares fall more than 26% after announcing a stock offering and lowering guidance, triggering investor exodus. May new home sales come in at 580K vs 640K expected, a 7.3% month-over-month decline, signaling housing market weakness and fueling rate-cut expectations.
Trump cancels housing bill signing
Trump cancels scheduled signing of bipartisan housing bill via Truth Social, demanding passage of SAVE America Act first, adding policy uncertainty and dampening homebuilder sentiment.
Gold breaks below $4,000, silver slides, and bitcoin sinks toward $60K as the 'debasement trade' unwinds amid falling oil and easing geopolitical tensions.
Hertz Global Holdings shares fall more than 26% after announcing a stock offering and lowering guidance, triggering investor exodus.
May new home sales come in at 580K vs 640K expected, a 7.3% month-over-month decline, signaling housing market weakness and fueling rate-cut expectations.