HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 05/04/21

In 2020, Tesla received $1.58 billion in EV tax credits, but only made $721 million total, so the company actually lost $859 million from making EVs! Clearly, that trend is persisting in the first quarter of 2021. However, Tesla is becoming increasingly efficient, so the focus is now ...

The expected 21Q1 earnings growth rate is currently 24.2%, which has increased from 16.0% at the beginning of the year. All but two sectors have seen positive revisions to 21Q1 growth expectations since the beginning of the year. In 2021, we expect to see a year of high expectatio...

Interest rates lead housing sales and construction - which appear to have peaked. Sales and construction lead prices - which are still sharply rising. Prices in turn lead inventory - which is still very low and has not yet turned. In the low interest rate environment of the 19...

The latest release of the December Existing Home Sales showed that sales rose to a seasonally adjusted annual rate of 6.76 million units from the previous month's revised 6.71 million. The latest number represents a 0.7% increase from the previous month. Existing home sales are 29...

Hard to believe housing-related indicators could continue to impress, but NAHB’s reading on homebuilder sentiment did just that. The index set the record high bar as it rose 5 points to 90. Not only does the index sit at an all-time high, but the 5-point move this month was...

The next time you hear someone in the media saying the housing market will never go down again because of an “inventory shortage,” it may be worth questioning their view. It is crucial to understand the data’s calculation to derive its real meaning. The proble...

It's a tall order but housing is enjoying a V recovery and history suggests that this key slice of the economy plays a critical role in the business cycle. Is this a macro silver bullet for 2020 and beyond? It's unclear if the August stumble in starts and permits is an early warning s...

Based on the latest sales data reported by the U.S. Census Bureau, the preliminary nominal estimate of the market capitalization for new homes was $30.6 billion in August 2020. Perhaps more remarkably, the median sale price of new homes sold in the U.S. fell to an initial estimate of ...

The trend for the relative affordability of new homes sold in the U.S. has flattened out since the end of 2019. Measured as the ratio of the trailing twelve-month averages of monthly median new home sale prices and median household income, the median sale price of new homes sold in the U.S. ...

By Jill Mislinski This morning's (July 24) release of the June New Home Sales from the Census Bureau came in at 776K, up 13.8% month-over-month from a revised 682K in May. Investing.com forecasted a 4.0% increase. Here is the opening from the report: Statement Regarding COVID&#x...