Report
US real estate, heart attack
The shift in monetary policy and the resulting rise in long-term interest rates in the spring have disproportionately impacted the cost of mortgages. On average, the amount of working time required to repay a standard monthly mortgage payment has increased by 50% in six months. The residential real estate market is the sector experiencing the sharpest downturn. Given the latest data, this is not a soft landing, but rather a sudden stop. There are ramifications for the rest of the...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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