The Week Ahead | 06/01/2021
The U.S. real estate market has been booming as mortgage rates have fallen to historical lows and work-from-home has encouraged relocation from urban apartments to suburban homes.
The U.S. real estate market has been booming as mortgage rates have fallen to historical lows and work-from-home has encouraged relocation from urban apartments to suburban homes.
The U.S. TIPS/Treasury breakeven rate, which is the difference between the nominal yield on the Treasury and the promised real yield on Treasury Inflation-Protected Securities (TIPS) of the same maturity,…
Are equity prices to high?
The U.S. labor market added 266,000 jobs in April, a moderate improvement in employment but a sharp miss from consensus expectations. April was the one-year anniversary of the trough of…
The U.S. economy, as measured by real GDP, accelerated in 1Q21, recording an annualized increase of 6.4%. Almost a year removed from the 2Q20 contraction of -31.4%, it is clear…
Happy Monday. Good Luck out there this week. Global Spotlight A Chinese space launch. China is expected to launch the core module Tianhe-1 of the Tiangong orbital space station around April…
Doug Kass recently shared this staggering chart. It shows the inflows to stock funds since November exceed the total inflows of the last 12 years. Doug points out that one of…
Recent economic data are showing signs that the U.S. is recovering more quickly from the pandemic than expected. Nowhere is that more notable than in last week’s PMI numbers.…
Last week, the Biden administration unveiled the details of its massive, 2-phase infrastructure package. The first phase will include $2.25 trillion in infrastructure spending, primarily focusing on traditional infrastructure, R&D,…
The U.S. government, under both the Trump and Biden Administrations, has provided unprecedented fiscal stimulus to help Americans weather the economic disruption from the coronavirus pandemic. however, the recent $1.9…