Housing Crunch: The 30-year mortgage rate has surged to ~7.5%, making homes least affordable in 40 years. Companies like Lennar, KB Home, Home Depot, Lowe’s, and Whirlpool are hitting 52-week lows. Capital Markets Slowdown: IPOs and M&A activity are stalled. Examples include Oura and Inspire Brands shelving offerings, while banks like Morgan Stanley and Goldman Sachs see ~12% declines. MAGA