DRN News and Press, Direxion Daily Real Estate Bull 3x Shares From 02/15/23

Summary Sagging public REITs could signal potential softening in private real estate markets over the next year. While much will depend on interest rates, available supply, and the length and depth of any slowdown in GDP, we believe private-market real estate values could have further t...

Summary Certain businesses are better than others at a strategic level. A good underlying strategy is essential to long-term profitability. There is significant variance in the strength of REIT underlying business models. This article will break down our analysis. Much of...

Summary We're approaching the halfway point of another consequential real estate earnings season with roughly 40 equity REITs and 15 mortgage REITs representing 50% of the total market capitalization reporting results. Results thus far have modestly exceeded expectations. Of the 36 REIT...

Summary U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tensions, and mixed corporate earnings results weighed on sentiment. Posting just its second weekly decline of the year, the S&P 500...

Summary Office REITs have been far-and-away the worst-performing property sector since the start of the pandemic, as depressed utilization rates and recession concerns have curbed office space demand. Work-From-Home-Forever? Occupiers due for renewal have been somewhat-reluctant to cut ...

Summary One of the reasons why inflation is so under control is that China has been lying dormant. Their impact on global commodity prices is one of the highest, and their reopening efforts could affect headline inflation figures and consumer expectations of inflation. DRN is levere...

Summary U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 a...

Summary Has the heyday for office real estate passed? How a recession may impact commercial real estate. Why Asia is an outlier when it comes to returning to the office. Pandemic restrictions have mostly been lifted, but the rush to return to the office may not h...

Summary Real estate earnings season kicks into gear this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. REITs enter earnings season with some momentum amid the recent moderation in interest rates and ...

Summary U.S. equity markets resumed their rebound this past week as investors parsed a busy slate of corporate earnings results and economic data ahead of the Federal Reserve's rate hike decision. Gaining for the third week in the past four, the S&P 500 advanced 2.5% on the week whi...