Starwood Capital Group’s Barry Sternlicht recently told Bloomberg’s David Rubenstein about the ongoing crisis in the commercial real estate sector, equating it to a severe “Category 5 hurricane“. He cautioned, “It’s sort of a blackout […]
Earnings, earnings, earnings. This week, good news comes first and US bank stocks have been on a tear. Earnings reports lured investors back to the downtrodden shares, which has helped the sector reduce its drop this […]
Authored by Mike Shedlock via MishTalk.com, Everything has gone right for homebuilders for a long time. How much better can things get? $SPHB S&P 500 Homebuilder Index courtesy of StockCharts.Com, annotations by Mish What […]
ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad […]
Authored by Daisy Luther via The Organic Prepper blog, Yesterday, with a bit of fanfare but not TOO much fanfare, a “wonderful” new product was launched. FedNow is live, and we can all transfer money […]
New York City’s high-income earners face a soaring cost of living crisis and some of the highest tax rates in the country. Compounding their financial struggles is an out-of-control crime wave, as Democratic leadership in […]
The headline from TSLA’s earnings tonight for Q2 2023 appear positive with top- and bottom-line beats: *TESLA 2Q REV. $24.9B, EST. $24.51B *TESLA 2Q ADJ EPS 91C, EST. 81C That is a record revenue for […]
Authored by Simon White, Bloomberg macro strategist, Inflation breakevens have potential to rise due to supportive conditions in the oil market. US inflation is falling. The trend should remain intact, for the next three-six months […]
After a long pause, New Mexico’s program to distribute grants under a landmark energy transition law is back on track, according to its lead convener. And an updated proposal from a New Mexico community college still […]
The world’s largest asset manager BlackRock reported quarterly earnings early Friday. BlackRock stock faded Friday following results. BlackRock kicked its recent earnings slump with its Q2 results Friday. Earnings bolted 28% to $9.06 per share […]
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