Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].

Group 1 - The article discusses the author's journey into investing, starting in high school in 2011, focusing on REITs, preferred stocks, and high-yield bonds, indicating a long-standing interest in markets and the economy [1] - The author has recently adopted a strategy that combines long stock positions with covered calls and cash secured puts, emphasizing a fundamental long-term investment approach [1] - The author primarily covers REITs and financials on Seeking Alpha, with occasional articles on ETFs and other stocks influenced by macro trade ideas [1]

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

Many hopeful home buyers and refinancers are hoping for the Fed to cut rates. But even if the Fed cuts rates, mortgage rates may not drop below 6%. For a few years now, the housing market has been in a bit of a stalemate.We've seen a lack of homes for sale, and homeowners who bought homes with low rate mortgages are reluctant to move and take on a higher rate. Mortgage rates often drop in anticipation of a Fed rate cut, which we've seen recently. Mortgage rates hit an 11th month low, offering a glimmer of h ...

REIT Performance Overview - REITs experienced a significant rebound in August with an average return of +5.48%, recovering most losses from the first seven months of the year [1] - The average REIT outperformed broader market indices, including the Dow Jones Industrial Average (+3.4%), S&P 500 (+2.0%), and NASDAQ (+1.7%) [1] - Year-to-date, the Vanguard Real Estate ETF (VNQ) has outperformed the average REIT, with returns of +5.65% compared to -1.11% for the average REIT [1] Performance by Market Capitalization - Small cap REITs (+7.52%) and mid cap REITs (+7.13%) outperformed large cap REITs (+3.16%) and micro cap REITs (+0.87%) in August [3] - Over the first eight months of 2025, large cap REITs have outperformed small caps by 186 basis points [3] Property Type Performance - 83.33% of REIT property types averaged positive returns in August, with a notable 22.34% total return spread between the best (Malls +12.70%) and worst (Infrastructure -9.64%) performing property types [5][6] - Health Care (+17.97%) and Casino REITs (+10.85%) showed strong performance over the first eight months of 2025, while Hotels (-11.28%) were the worst-performing property type [6][7] Price/FFO Multiples - The average P/FFO (2025Y) for the REIT sector rose from 13.7x to 14.5x in August, with 83% of property types experiencing multiple expansion [7] - Land (26.9x), Data Centers (25.9x), Multifamily (22.1x), and Single Family Housing (21.3x) currently trade at the highest average multiples among REIT property types [7] Individual Security Highlights - Plymouth Industrial REIT (PLYM) surged by +51.52% following an unsolicited acquisition proposal from Sixth Street Partners at $24.10/share [9] - Wheeler REIT (WHLR) was the worst-performing REIT in August with a return of -48.09%, and has seen a staggering -99.62% total return over the first eight months of 2025 [10] Dividend Yield Insights - High dividend yields are a significant attraction for investors in the REIT sector, with many REITs trading below their NAV, leading to attractive yield opportunities [14]

Core Viewpoint - Scott Chronert, Citi US equity strategist, anticipates an increase in US equity market volatility followed by a year-end rally once the Federal Reserve begins its rate-cut cycle [1] Group 1 - The expectation of heightened volatility in the US equity market is linked to the Federal Reserve's monetary policy changes [1] - A year-end rally is predicted to occur after the initiation of the rate-cut cycle by the Federal Reserve [1]

Market Overview - The S&P 500 and NASDAQ are experiencing record highs, with the S&P up about 0.5% and NASDAQ up approximately 0.6% [2] - Alphabet has reached a market cap of over $3 trillion, joining Apple, Microsoft, and Nvidia in this exclusive club, with a year-to-date gain of 32% [3][4] Federal Reserve Insights - The Federal Reserve is widely expected to cut interest rates by 25 basis points, with discussions around the potential for one to three total cuts this year depending on labor market conditions and inflation [8][20] - Inflation remains above the Fed's 2% target, complicating the decision-making process for rate cuts [9][11] - Fed Chair Jay Powell's upcoming commentary is anticipated to provide insights into future rate cuts and the Fed's stance on inflation and employment [16][21] Trade and Economic Relations - Ongoing trade negotiations between the US and China are crucial, with Treasury Secretary Scott Besson meeting with Chinese officials to discuss tariffs and a potential TikTok deal [37][100] - The Chinese economy is showing signs of slowing, with retail sales and industrial output expanding less than expected, raising concerns about the property market's recovery [99][106] Gold Market Performance - Gold has seen significant gains, marking its best performance since 1979, driven by inflation concerns and central bank buying, particularly from China [77][81] - The current inflation rate is reported at approximately 2.9% according to CPI, with central banks continuing to purchase gold, contributing to its strength [80][82] - Seasonal trends indicate that September is typically a weak month for gold, but the metal has performed well despite this, suggesting potential strength moving into October and December [86][90] Company-Specific Developments - Micron's stock target has been raised by Deutsche Bank due to strong demand for high bandwidth memory chips, essential for AI data centers [51] - The RealReal has seen its price target increased by B. Riley Securities, citing significant margin potential and growth confidence [52] - Beyond Meat's stock has been downgraded by Argus Research due to declining sales and a weak balance sheet, with a 20% year-over-year revenue drop reported [54]

Investors have been piling cash into money-market funds because of their low risk and attractive interest rates. ...

Labor Market Overview - The August jobs report indicates a significant slowdown in hiring, with only 22,000 jobs added, falling short of expectations of 75,000 to 78,000 [2][3] - The unemployment rate has risen to its highest level since 2021, reflecting a concerning trend in the labor market [1][3] Economic Implications - The weak job growth has led to increased expectations for Federal Reserve rate cuts, with a strong likelihood of a quarter-point cut in September and potential cuts in October and December [4][10] - The overall economic outlook appears to be stalling, raising concerns about the potential for a recession [5][6] Sector Performance - There is notable weakness in goods-producing sectors, particularly manufacturing and construction, which have seen job losses in recent months [7][16] - Conversely, healthcare and social assistance sectors have shown strength, adding 46,800 jobs, driven by an aging population requiring more services [15][16] Market Reactions - The market's response to the jobs report has been mixed, with investors uncertain about the implications of weak job growth on the economy and Fed policy [4][5] - Investors are advised to be cautious in their reactions to job reports, as market volatility can occur following significant economic news [17][18]

Bank of America Securities Head, US Rates Strategy Mark Cabana discusses how investors have been underweight in the front-end of the curve and says the market is underpricing how much the Fed. He speaks with Scarlet Fu on 'Real Yield.' ...