The problem with the company was bloated GNA. So real estate does have a roller coaster rides to it. There are phases, cycles and they happen every 5 to 10 years and you need a resilient uh cost structure that doesn't depend upon selling 6 million homes a year because it can come down to 4 million.That's basically the zone over the last 30 years. And so the bloated GNA was a real problem because as people stopped transacting as interest rates went, you know, through the roof, the company's GNA made no sense ...

Group 1 - The landscape for Business Development Companies (BDCs) is becoming more challenging due to elevated interest rates, which are impacting their ability to grow earnings and net asset value (NAV) [1] - Higher interest rates increase borrowing costs for BDCs, making it difficult for them to maintain profitability [1] - A hybrid investment strategy that includes classic dividend growth stocks, BDCs, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]

BREAKING: 🇺🇸 J.P.MORGAN EXPECTS FED TO CUT RATES BY 25 BPS NEXT WEEK.RATE CUTS ARE COMING 🔥 https://t.co/Btjvad1gZL ...

JUST IN: JPMorgan expects the Federal Reserve to cut interest rates by 25bps next week. https://t.co/1FXhmyknhM ...

[Music] I'm Yo, Finance Executive Editor Brian Sazi and you're watching a live shot of the opening bells on Wall Street on this Friday morning via transportation ringing the bell at the New York Stock Exchange to celebrate its IPO via another IPO this week that has priced at the top end of the range and with the business being valued at about $3.65% billion. CLA and Figure have also been wellreceived IPOs this week. Meanwhile, Gemini getting things popping over the NASDAQ also celebrating its debut today. A ...

JUST IN: Deutsche Bank expects the Fed to cut rates by 25 bps at all three remaining meetings this year.Earlier forecasts saw cuts only in September and December. https://t.co/1ZSJ7k3Yuo ...

Market Trends & Economic Indicators - US stock futures are pulling back after a record run, with major indices closing at new highs [1] - Investors are awaiting the University of Michigan sentiment index for insights into the American consumer [1] - The Federal Reserve is likely to cut interest rates by a quarter of a percent at the September meeting [2] - Markets are largely baking in the probability of a rate cut, with investors also anticipating three more rate cuts by the end of the year [12][13] - Goldman Sachs highlights potential risks: a recessionary labor market or growth holding up, potentially overpricing Fed rate cuts [16][17] Trade & Tariffs - Mexico is raising tariffs on Chinese-made vehicles to 50%, prompting a threat from China [2][3] - The US may urge G7 allies to impose tariffs as high as 100% on China and India for Russian oil purchases [4] - RH cut its revenue forecast for the full year due to impacts from new US tariffs, now expecting a 9-11% increase, down from 10-13% [30][31] Company Performance & IPOs - Adobe reported strong earnings and guidance, with annual recurring revenue from AI-influenced products topping $5 billion [4][5] - Adobe's investments in AI features are showing signs of paying off, easing investor concerns [28][29] - A wave of IPOs includes Gemini and CLA, with recent IPOs priced above their range [7][21][24] - Super Micro is getting an Nvidia boost after announcing volume shipments of its Nvidia Blackwell Ultra solutions [30] Gold Market - Gold has surpassed its 1980 high in inflationary terms, reaching over $3,600 when adjusted for inflation [18][19] - Central banks are continuing to purchase gold, solidifying its status as a safe haven and inflationary hedge [19]

The underlying tenor of the data here doesn't suggest that it's a lock that you're going to get three rate cuts before the end of the year. But the deeper you dig here, it doesn't look so good. It looks to me like service sector inflation is not just sticky, but it's going to be stubborn.And the Fed's got a lot of heavy lifting to do in front of it to get back to 2% anytime over the next couple of years. Are there risks in the Fed cutting into this inflationary environment. There absolutely are risks.The Fe ...

Market Trends - U_S_ stock futures are pointing mostly lower to end the week after markets hit new highs [1] - Markets expect the Federal Reserve will cut interest rates next week [1]

🇺🇲 PRESIDENT TRUMP JUST SAID THE FED CHAIR POWELL IS ALWAYS LATE ON INTEREST RATES. https://t.co/vDBGFyRQpT ...