What a crazy weekend: we had the NBA finals, a possible legit deal with Iran and we are all getting ready for Fed week with Kevin Warsh as the new Fed Chair. But the main question is: will mortgage rates get better now? On Sunday, President Trump announced that a deal had been agreed to […]
How much will mortgage rates fall with the Iran deal and Fed week? Read More »
Key insight: The U.S. government told Anthropic to shut down its most powerful AI model and the company complied. What’s at stake: The episode raises questions about how much control the government has over commonly used technology. Forward look: Anthropic and U.S. government representatives say they want this issue resolved quickly and the AI models
Anthropic shuts down Mythos 5, Fable 5 due to government order Read More »
Key insight: House Republicans and Democrats at a field hearing in Oklahoma City pushed back against potential consolidation of the regional Federal Reserve banks, championing their role in representing diverse local economies. What’s at stake: The hearing comes as Fed Chairman Kevin Warsh has floated streamlining the regional bank structure, with a Fed governor arguing
House Republicans rally around regional Fed banks Read More »