๐ At a Glance
- US Fed Funds Rate: 3.64 (as of 2026-04-01)
- US 30Y Mortgage: 6.37 (as of 2026-05-07)
- ECB Policy Rate: 2.0 [FRED:ECBDFR] as of 2026-05-12
- BoE Bank Rate: 3.75 (as of 2025-12-18)
๐บ๐ธ United States
- A Private Club Plans a Grand Debut on the โPeopleโs Beachโ โ The Rockaway Ocean Club will open in the historic Jacob Riis Park Bathhouse this summer.
- The Sheer Joy of Cut Flowers โ Sarah Raven, the celebrated British gardener, indulges her obsession with homegrown cutting gardens and shares tips on creating spectacular arrangements.
- Inside the Charming Gut Renovation of a Park Slope Townhouse โ A couple paid $2.5 million for a townhouse that needed a gut renovation. Eighteen months later, they were crazy about the result.
๐ช๐บ Europe
- Capacity of lifts not kept up with UK obesity levels, study shows โ Research on weight limits of elevators made in UK and Europe 1972-2004 raises concerns over safety and equity Lifts are no longerโฆ
- Starmer hopes to regain momentum with unveiling of dozens of bills in kingโs speech โ Planned legislation includes housing, immigration and energy measures, and comes amid awkwardness with the palace over Charlesโs role Keir Starmer will attemptโฆ
- Streeting to meet Starmer on Wednesday as the prime minister defies calls to step down โ as it happened โ A number of Streetingโs allies resigned from their ministerial posts on Tuesday and called for Keir Starmer to quit Starmer tells cabinetโฆ
๐ Asia
- Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury โ Sam Altman said Elon Musk tried many times for total control of OpenAI, which he's now suing.
- UK borrowing costs jump as uncertainty over PM's future continues โ The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.
- US inflation jumps to 3.8% as energy costs surge from Iran war โ The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.
๐ฏ GPT Strategy
๐บ๐ธ United States
- Favor broad, low-cost regional ETFs; dollar-cost average entries.
- Tilt to quality REITs and short duration if rates stay volatile.
๐ช๐บ Europe
- Favor broad, low-cost regional ETFs; dollar-cost average entries.
- Tilt to quality REITs and short duration if rates stay volatile.
๐ Asia
- Favor broad, low-cost regional ETFs; dollar-cost average entries.
- Tilt to quality REITs and short duration if rates stay volatile.
Not financial advice. Educational insights only.
#RealEstate #Housing #Macro #US #Europe #Asia
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