Banking Profits and Housing Market Dynamics

This chapter examines the recent profits of major banks driven by consumer spending and highlights the potential impact of a US-backed digital currency on traditional banking. It also discusses current housing market trends, including a resurgence in urban rentals and a quick turnaround for home sales amid ongoing challenges from COVID-19. Finally, the chapter analyzes the landscape of Special Purpose Acquisition Companies (SPACs) and the regulatory scrutiny they are facing.