Real Vision: Finance & Investing Heathrow Shutdown, U.S. Jobless Claims, and Japan’s Inflation: PALvatar Market Recap, March 21 2025
Mar 21, 2025
A major power outage caused chaos at Heathrow Airport, leading to over 1,300 flight cancellations. In the U.S., jobless claims held steady as existing home sales unexpectedly surged. Meanwhile, Japan's core inflation climbed to 3%, intensifying discussions around potential interest rate hikes. The podcast also highlights upcoming meetups in Los Angeles, London, and Las Vegas, keeping listeners plugged into the ever-evolving market landscape.
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Real Vision Meetups
- Real Vision will host in-person meetups in Los Angeles, London, and Las Vegas.
- Contact crypto@realvision.com to attend and connect with the community.
Heathrow Shutdown
- Heathrow Airport experienced a full-day shutdown due to a fire at a nearby electrical substation.
- This led to over 1,300 flight cancellations or diversions, causing significant global travel disruption.
US Economic Indicators
- US jobless claims remained stable at 220,000.
- Existing home sales saw an unexpected 4.2% rebound in February despite high mortgage rates.