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L.A. Fires Redo The Housing Math—Again

A daily market update from FS Insight — what you need to know ahead of opening bell.

"I don't know exactly why the notion of homeownership has such a grasp on the American imagination. Perhaps as descendants of landless immigrants we turn our plots into symbols of stability." – Ellen Goodman

Overnight

Banks are running 'war rooms' to prepare for Trump trade disruptions RTR

Hedge fund leverage is at the highest since 2010 RTR

Tech leaders pledge $500B in US AI investments WSJ

Rare snow imperils Tex...

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