New home sales in the US fell 14% in May, hitting a seven-month low and increasing unsold inventory, raising concerns about the housing market’s impact on the economy. Despite external shocks, US markets have shown resilience, with the S&P 500 experiencing minimal volatility, indicating a potentially positive outlook for risk assets as investors return to tech stocks.
Explain It To Me Like I’m 5: Roula Khalaf, the Editor of the Financial Times, shares her favorite stories in a free weekly newsletter that also highlights key economic insights, including the recent decline in US home sales and the resilience of the American economy despite various challenges.
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