Investment Learning

  • June 18, 2024

S&P 500 and Nasdaq, Boeing, recession warnings: Market Domination Overtime

All three of the major US stock market indexes (^GSPC, ^DJI, ^IXIC) all closed Tuesday's session in the green in the middle of this holiday-shortened trading week. The S&P 500 and Nasdaq Composite continue to add to the growing list of record highs in 2024. Outgoing Boeing CEO David Calhoun (BA) testified before a US Senate panel addressing safety concerns within the company. Calhoun stood before families of victims from previous incidents involving Boeing and apologized to them directly. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino

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  • June 18, 2024

There is a 'real disconnect' in CRE, Hines Global CIO says

Real estate capital markets have been under pressure globally, while the direction of interest rates in the US remains more uncertain as compared to the Federal Reserve's global central bank counterparts. Joining Asking for a Trend to discuss the evolving real estate environment is David Steinbach, Hines Global Chief Investment Officer. Steinbach notes that the real estate sector had experienced 40 years of declining interest rates, with many financial markets becoming "deeply embedded" in this dynamic. However, the shift towards the current interest rate environment represents a transition from a "beta to alpha" environment, calling today's landscape "a different sport" that requires more effort. Steinbach highlights downtown investments and transit-oriented investments as promising opportunities, also touching on the state of commercial real estate. Internationally, he identifies Europe, India, and Japan as attractive markets with high demand in the real estate sector. "Real estate is becoming more of a service, and so it's about what you're doing for the customer, the tenant. That really is moving the needle now more than ever," Steinbach told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith

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  • June 18, 2024

What Lennar's Q2 earnings signals for the housing market

Shares of Lennar (LEN) are trading lower in Tuesday's after-hours trading, despite the homebuilder delivering a beat in its second-quarter earnings. The company reported revenue of $8.77 billion, surpassing analyst estimates of $8.57 billion, while also exceeding expectations on the adjusted earnings per share front, with a figure of $3.38 per share surpassing the anticipated $3.24. However, Lennar sounded a cautionary note, highlighting continued pressure stemming from the prevailing mortgage rate environment. Yahoo Finance's Dani Romero breaks down the details of Lennar's earnings report, providing insights into what it means about the state of the consumer and the broader housing market. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

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  • June 18, 2024

One way homeowners are paying more due to extreme weather

Climate change is emerging as a new challenge for the housing market and homeowners. As severe weather-related risks and incidents escalate, homeowners find themselves grappling with the continued reality of soaring costs associated with homebuying. Yahoo Finance's Senior Columnist Rick Newman sheds light on the issue, offering insights into the escalating home insurance premiums across the nation. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

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  • June 17, 2024

Terraform Settles With SEC For $44.7 Billion, Founders Accused Of Fraudulent Trading

According to Foresight News, a recent statement submitted by the Financial Securities Crime Joint Investigation Department of the Southern Seoul Local Prosecutor's Office reveals that in a conversation between Do Kwon and Shin in May 2019, they discussed the possibility of creating seemingly real but fraudulent trades. The prosecutors believe that this indicates that Do Kwon and Shin had the intention to manipulate trades related to Terra from the beginning of their venture, with the aim of defrauding investors. They allegedly used these fraudulent trades to inflate trading volumes, thereby attracting investors and expanding their business. In a previous report by Foresight News, it was revealed that Judge Jed Rakoff of the U.S. District Court in New York had approved a settlement agreement of $44.7 billion between Terraform and the U.S. Securities and Exchange Commission (SEC). As per the agreement, Terraform will pay nearly $36 billion in forfeiture, $4.2 billion in civil penalties, and an estimated $4.67 billion in interest. On the basis of cooperation with Terraform, Do Kwon agreed to pay $110 million in forfeiture, $14.3 million in pre-trial interest, and $80 million in civil penalties.

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