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                        Affordable Housing Is A Problem In The U.S.

E Affordable Housing Is A Problem In The U.S.

A decade ago the American housing sector lost about a third of its value when it was at the forefront of the financial crisis and a deep recession. Over the past decade, housing prices have recovered most of the losses, led by a robust job market which fueled the pickup in economic activity and housing […]
Barrick Acquires Randgold In All-Stock Deal, Sees ‘Industry-Leading’ Company

Barrick Acquires Randgold In All-Stock Deal, Sees ‘Industry-Leading’ Company

Barrick Gold (ABX) announced that it has reached agreement on the terms of a recommended share-for-share merger of Barrick and Randgold Resources Limited (GOLD). The merger is subject to approval by both sets of shareholders, regulatory approvals and other customary closing conditions. It is intended that the merger will be implemented by means of a […]
Big Apartment REITs Aren’t Yielding Enough

Big Apartment REITs Aren’t Yielding Enough

The six largest publicly traded apartment REITs are now paying dividend yields of less than 3.5%. The two largest — AvalonBay Communities and Equity Residential — are paying around 3.2%. Essex Property Trust, whose apartment buildings are all in California, is paying barely over 3%, roughly the equivalent of the 10-year U.S. Treasury Note. Historically, REITs have paid […]
Why Rising Yields Are A Massive Problem For Stocks

Why Rising Yields Are A Massive Problem For Stocks

Our piece on the sovereign bond bubble, which I call “the Everything Bubble,” received a lot of attention last week. With that in mind, today we’re delving deeper into the issue of rising bond yields. A large part of the move in stocks from 2008-2016 was based on the fact that bond yields were so […]
Reversal Or Just Quick Correction Before Another Leg Up?

Reversal Or Just Quick Correction Before Another Leg Up?

The U.S. stock market indexes were mixed between -0.5% and +0.3% on Friday, as investors took some short-term profits off the table following the recent advance. The S&P 500 index has reached the new record high of 2,940.91. The Dow Jones Industrial Average gained 0.3% and the technology Nasdaq Composite lost 0.5% on Friday. The nearest important level of […]
Indian Indices Continue Sell-Off; Sensex Slumps Over 530 Points

Indian Indices Continue Sell-Off; Sensex Slumps Over 530 Points

Share markets in India continued their sell-off seen during the last week and ended the day deep in the red. All sectoral indices traded on a negative note, with stocks in the realty sector, auto sector, telecom sector, and finance sector witnessing most of the selling pressure. At the closing bell, the BSE Sensex stood lower by 536 points (down 1.5%) and the NSE […]
Morning Call For Monday, Sept. 24

Morning Call For Monday, Sept. 24

Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.20%) this morning are down -0.14% and European stocks are down -0.33% due to the prospects of a prolonged trade war between China and the U.S. after China called off planned trade talks. After the U.S. implemented its 10% tariff on $200 billion of Chinese goods as of […]
Commodities And Foreign Stocks Led Global Markets Last Week

Commodities And Foreign Stocks Led Global Markets Last Week

Broadly defined commodities surged over the five trading days through Friday, September 21, posting last week’s strongest gain for the major asset classes, based on a set of exchange-traded products. Foreign stocks in developed and emerging markets accompanied the commodities rally, delivering the second- and third-highest gains, respectively. The iPath Bloomberg Commodity Total Return (DJP) popped 3.1% […]
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                        Markets: Losing

E Markets: Losing

Knowing how to lose is an essential part of success. If timing is the key for getting into a trade, risk management, or cutting your losses, is the key for getting out. The overnight mood has been one about losing as the US seems to not be winning the trade war. Paradoxically, neither does China. […]
Sirius XM To Acquire Pandora In All-Stock Transaction Valuing Pandora At $3.5B

Sirius XM To Acquire Pandora In All-Stock Transaction Valuing Pandora At $3.5B

Sirius XM Holdings (SIRI) and Pandora Media (P) announced a definitive agreement under which SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5B. The combination creates the world’s largest audio entertainment company, with more than $7B in expected pro-forma revenue in 2018 and strong, long-term growth opportunities, the companies said. Following the […]