EWRE News and Press, Invesco S&P 500 Equal Weight Real Estate From 10/25/22

Summary Subprime loan delinquency rates are higher than the 2008 recession levels today, with unemployment still near all-time lows and the layoff cycle just beginning. But the Fed won't rescue the housing market. Risk markets are likely to rally on news of slower monetary tig...

Summary We can’t prevent the government or the Fed from implementing inflationary policies, so we might as well get used to inflation and learn to profit from it. There are ways to profit from inflation without selling stocks. Not only can we buy shares of fossil fuel compa...

Summary The recession we see from Federal Reserve rate hikes eclipses any impact from U.S. midterm elections. We stay underweight developed market (DM) stocks. Yields rose and stocks rallied off lows as markets mulled the scope of central bank rate hikes amid a “whatever it...

Summary I have said for weeks that the Fed needs to slow the pace of its tightening campaign. Powell apparently decided last week that the market was taking things too far. Corporate earnings are being released for the quarter and, so far, they aren’t that bad. It w...

Summary U.S. equity markets rebounded with their best weekly gains since July after a decent start to corporate earnings season eased the seemingly-relentless selling pressure even as interest rates swelled to multi-decade-highs. Rebounding from two-year-lows and gaining for just ...

Summary The COVID-19 pandemic disrupted daily life and normal market cycles. It also led to a synchronized global recovery, global inflation and central bank tightening. In our analysis, US inflation already peaked in June, and although it is currently a headwind for continental E...

Summary Surging mortgage rates are taking a toll: a 30-year fixed rate, for example, is close to 7%, a 20-year-high. The Federal Reserve’s ongoing hikes in interest rates are taking a toll on housing demand. Incoming numbers for real estate activity are arguably the cri...

Summary Why supply chains are no longer behind our inflation troubles. As inflation pressures continue, the wisdom of rates hikes questioned. With U.S. core inflation still rising, odds grow of another big rate hike. The latest U.S. inflation data shows price...

Summary The average square footage in new single-family houses has been declining since 2015. House sizes tend to fall just during recessionary periods. But even with strong economic growth numbers well into 2019, it looks like demand for houses of historically large size may have...

Summary Construction starts of all types of privately owned housing units – single-family houses and units in multifamily buildings – fell by 8.1% in September from August, and by 7.7% year-over-year. These initial estimates tend to get revised sharply up or down, an...