Pay the Toll (Brothers): TOL
The financial media has been hoping or perhaps praying that the real estate market holds up. Why the focus on real estate? In a word (or two), interest rates. Mike…
The financial media has been hoping or perhaps praying that the real estate market holds up. Why the focus on real estate? In a word (or two), interest rates. Mike…
Lower than survey inflation data released Thursday, November 10th, led to an enormous rally as investors hope Jerome Powell and the Fed could pivot to a less hawkish policy soon.…
In the next two weeks, many of the big financial stocks will be reporting earnings. We think this creates a significant opportunity to clarify how much damage the lockdown has…
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Real estate has performed far better than we expected since the financial crises. Did we think there would be some kind of recovery? Yes, but we thought it would look…