HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 03/06/19

By Jill Mislinski Tuesday's release of the December New Home Sales from the Census Bureau came in at 621K, up 3.7% month-over-month from a revised 599K in November. Here is the opening from the report: Data collection and processing were delayed for this indicator release due to ...

By Senior Portfolio Manager Jeff Brothers As a follow-up to last month's podcast on the agency mortgage market, we wanted to check in this week on the state of the overall U.S. housing market. The recent housing data has definitely been weak, but is this just a slowdown after years of robu...

Even as the U.S. economy remains strong, the shift from the mid- to late-cycle phase may have implications over the intermediate term for investors. Kim Parlee speaks with Ben Gossack, Portfolio Manager, TD Asset Management, on his outlook for corporate performance for the remainder of th...

By Jill Mislinski Wednesday morning the National Association of Realtors released the January data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun , NAR chief economist, had expected an increase in January home sales. "A change in Fede...

It was always folly to believe that inflating asset bubbles could solve the structural problems of a post-industrial economy. The Doomsday Scenario for the stock and housing bubbles is simple: the Fed's magic fails. When dropping interest rates to zero and flooding the financial sector w...

New residential housing construction was surprisingly weak in December, presenting more evidence for assuming that the US economic growth will continue to slow. Housing permits perked up, providing a degree of optimism for expecting that building activity will rebound in the months ahead. But ...

For years, realtors have been waiting for more housing inventory. It had become an article of faith, what was restraining a full-blown recovery was the lack of units available. The level of resales like construction was up, but still way, way less than it was now fourteen years past the prior ...

Now that was a bad Housing Starts report! Just like the recent delayed report on Retail Sales, it may have been better if the finally released report on Housing Starts for the month of December was just swept under the rug. While economists were expecting the headline print to come in at a SAA...

I don't know if it was the intent of the Fed, but Jerome Powell has managed to trigger a rush into stocks more frenzied than the one that engulfed the last days of the dot.com/techbubble. The vertical ascent since Christmas in the Dow/SPX is unprecedented on a percentage basis over an 8-week p...

By Robert Hughes The Consumer Confidence Index from The Conference Board rebounded in February, increasing by 9.7 points to 131.4. The index is constructed so that it equals 100 in 1985. The February gain follows three consecutive monthly declines from November through January. The composi...