Welcome to Markets Desk, here's what's moving the needle right now.
Ukraine is reporting fresh disruptions to its military Starlink service, with Starshield-connected drones losing connectivity once they exceed one hundred miles an hour. That's a significant operational problem on the front lines, where drone speed and precision are critical to defensive positioning, and it raises fresh questions about the reliability of commercial satellite infrastructure in active conflict zones.
Turning to equities, Wellington-Altus strategist Jim Thorne is flagging what he calls a potential violent bounce in tech stocks, but he's urging investors to stay disciplined and not chase it. His view is that any near-term rally would be a technical reflex, not a fundamental turn, and that the broader macro backdrop hasn't shifted enough to justify rotating back into growth aggressively just yet.
And in the housing market, the spring selling season is shaping up to disappoint. Elevated mortgage rates continue to suppress both buyer demand and seller motivation, keeping inventory tight but transactions even tighter. The traditional spring thaw that real estate agents count on looks unlikely to materialize with any real force this cycle.
That's the tape. Markets Desk, signing off the floor.
