There are just four “affordable” cities, based on Goldman Sachs’ Housing Affordability Indices. Of the largest 25 markets, only St. Louis, Detroit, Chicago, and Baltimore are considered affordable. The bank said the worst of the home price correction is over and price declines will dissipate by year-end. Loading Something is loading. Thanks for signing up!… Continue reading The housing market offers just 4 affordable cities right now – and things could worsen as price declines fade, Goldman Sachs says
Late payments on commercial mortgages are piling up as higher rates and weakening property prices bite into the sector
Late payments for commercial real estate mortgages rose last quarter as pressure builds for the US property market. Commercial mortgage borrowers that were late on payments for at least 30 days or already defaulted rose to 3%. More signs of stress could surface as high rates and weak property prices take a toll on the… Continue reading Late payments on commercial mortgages are piling up as higher rates and weakening property prices bite into the sector
Commercial real estate faces a shakeout – but the landing will be ‘softer than you think,’ says ‘Shark Tank’ star Kevin O’Leary
The commercial real estate sector faces a big correction, ‘Shark Tank’ star Kevin O’Leary said. He told Fox Business there’s “so much money on the sidelines waiting for this so-called ‘bloodbath.’” O’Leary said that meant the landing would be “a lot softer than you think.” Loading Something is loading. Thanks for signing up! Access your… Continue reading Commercial real estate faces a shakeout – but the landing will be ‘softer than you think,’ says ‘Shark Tank’ star Kevin O’Leary
Nervous About the Markets and Economy? Consider History
If you’re feeling like the financial news is coming at you fast and furious, you’re not alone. Between inflation, rising interest rates, the markets stumbling and recent bank failures, there’s a lot going on. One of these events alone could be overwhelming. Taken all together, they seem downright scary. Before you let it all overwhelm… Continue reading Nervous About the Markets and Economy? Consider History
Stock Market Today: Stocks Close Lower Ahead of Key Debt Ceiling Vote
Stocks closed lower Wednesday as investors took some profits off the table ahead of a key debt ceiling deal vote. Disappointing jobs data and a massive dividend cut from Advance Auto Parts (AAP) didn’t help sentiment, either. The debt ceiling agreement struck between House Speaker Kevin McCarthy and the White House over the weekend cleared… Continue reading Stock Market Today: Stocks Close Lower Ahead of Key Debt Ceiling Vote
Why I Don’t Buy Stocks
Most people should not buy individual stocks. That might sound strange or even hypocritical coming from someone who writes about stocks for a living. After all, a big part of my job is dedicated to helping readers identify stocks that will beat the market. To that end, I consult analysts’ research and recommendations, look at… Continue reading Why I Don’t Buy Stocks
Russia is spending surprisingly little on its war on Ukraine
Russia’s invasion of Ukraine has cost Moscow a small amount by historical standards, per the Economist. Russia’s spending remains opaque, but its war budget is about 3% of GDP. By comparison, the Soviet Union spent 61% of GDP in World War II. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Russia is spending surprisingly little on its war on Ukraine
C3.ai plunges 21% after its earnings outlook fails to live up to the AI hype
C3.ai stock plunged more than 20% on Thursday after the company failed to live up to the AI hype with an underwhelming earnings outlook.While C3.ai beat earnings estimates, the software company said it wasn’t “inclined to change expectations” amid the AI frenzy.The company said it expects adjusted losses of up to $75 million in its… Continue reading C3.ai plunges 21% after its earnings outlook fails to live up to the AI hype
Recent Post
