When the Fed is quiet, rumor becomes a market factor.

Markets edged higher as tech led; VIX steady; 10-year ~4.1%–4.2%. No new Powell remarks, but a potential government shutdown could delay the jobs report, clouding the Fed’s path. Housing shows tentative strength as mortgage apps rise; CMBS spreads tighten; notable multifamily, industrial, and Miami construction deals print. Crypto advances; stablecoins expand; SWIFT unveils a blockchain initiative with major banks. Sponsored by CryptoLending.ai. Teresa Grobecker, MBA, CRPC. Investment Banker, Angel to Series C, Capital Formation, CRE and Gov Contracting, Defense, Policy and Real Assets Investor, Futurist and Fixer at the Intersection of FinanceCA DRE 01908507 NMLS 1286612, CEO and Broker of Record, Grobecker Holland International, Inc., CA DRE 01976696 NMLS 1295266