Mortgage Rates Near 6% as Growth Stays Resilient
Rates fall to 6.06% as retail sales stay firm, PPI cools, and China trade reroutes.
5 min read
Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
China’s Record $1.19T Surplus Signals Trade Rerouting
Exports shifted toward the EU and ASEAN as US shipments fell, raising 2026 trade-policy risks.
2 min read
Mixed PPI, Strong Retail Sales Point to No-Landing Economy
Wholesale inflation stayed tame while retail sales beat estimates, reinforcing expectations the Fed holds rates in late January.
2 min read
Mortgage Rates Hit 6.06%, Sparking Refi and Purchase Demand
Freddie Mac’s lowest rate since 2022 boosted applications, but low-rate owners and sticky prices constrain supply.
2 min read
China's $1.19T Trade Surplus Signals Shifting Global Trade
China's record trade surplus grows 20% as exports rise outside the US amid modest reserve gains.
3 min read
China's Trade Surplus Reshapes Global Manufacturing Landscape
China’s growing exports deepen global supply chain reliance, challenging US efforts to diversify manufacturing.
1 min read
China’s Forex Reserves Rise Modestly Despite Record Trade Surplus
China’s foreign exchange reserves grew slowly, reflecting shifting capital flows and reduced US dollar inflows.
1 min read
China Records $1.19 Trillion Trade Surplus Amid US Tensions
China's export growth to emerging markets offsets declining US demand, highlighting its trade resilience.
1 min read
China’s Record Surplus, Fed Independence Risks In Focus
China posts a $1.18T surplus, UK GDP beats forecasts, and Kashkari flags Fed political risk.
5 min read
UK GDP Beats Forecast in November as Production Rebounds
ONS data showed November GDP up 0.3% after October’s drop, partly reversing one-off weakness from a Jaguar Land Rover cyberattack.
2 min read
Kashkari Warns Political Pressure Could Lift Term Premiums
As scrutiny rises ahead of a Fed leadership transition, Kashkari argues independence is vital to monetary policy credibility.
2 min read
China Hits Record $1.18T Surplus as US Exports Slide
US-bound shipments fell sharply, but rising exports to EU and ASEAN kept China’s 2025 surplus at $1.18T.
2 min read