HOMZ News and Press, Hoya Capital Housing From 10/04/23

2023-10-04 00:45:00 ET Summary The highest mortgage rates in 20 years, the worst level of affordability since 1984 and increasingly tight household finances are starting to torpedo housing market activity. After rising slightly in three of the previous five weeks, (from 142 to 147...

2023-10-03 22:55:00 ET Summary Since January 1, 2000, through September 30 ’23, the S&P 500 has returned 6.61%, which is below average, if we looked at arithmetic returns for the S&P 500 since 1970. What should give readers pause is the annual returns for the S&...

2023-10-03 03:35:00 ET Summary September featured rising stock market volatility and wild action in yields, commodities, and currencies. Two preliminary earnings announcements flew under the radar. Nucor and US Steel voiced differing messages on the state of cyclical steel dem...

2023-10-02 22:45:00 ET Summary The high in 10-year Treasury yields last week was 4.688% on no significant bad news for bonds. In the end, this selloff in both bonds and stocks could very well be attributed to the Federal Reserve as one of the major drivers. The present pace of...

2023-10-02 19:20:00 ET Summary The S&P 500 dropped 0.7% from its previous week's close to end the third calendar quarter of 2023 at 4288.05. The main reason the market fell during the final week of 2023-Q3 is the developing consensus the Federal Reserve will hold interest rate...

2023-10-01 09:00:00 ET Summary U.S. equity markets declined for a fourth-straight week while benchmark interest continued an unabating resurgence to fresh multi-decade highs as a looming government shutdown added complications to existing "higher-for-longer" concerns. Posting its ...

2023-09-30 12:00:56 ET More on REITs: IGR: 3 Reasons This REIT Fund Gets An Upgrade USRT: Wait For Better Momentum And Relative Strength IGR: Highly Levered, Highly Concentrated REIT Equity CEF REITs decline as rate hike concerns fuel sell-off Real es...

2023-09-30 10:29:39 ET Summary The Treasury market is leading the equity market, with the long-term yield rising to its highest level in 16 years. The stock market is being influenced by the Treasury market, therefore, investors should pay more attention to bond market movements. ...

2023-09-29 19:50:00 ET Summary Today, the last trading day of September ’23 and the 3rd quarter, and given the tough August and September, the S&P 500 earnings yield has jumped to 5.43%, a level not seen since mid-May ’23. The expected 4th quarter ’23 S&am...

2023-09-28 13:30:00 ET Summary The history of the yield curve shows that it rises prior to rises in equity indices. The interpretation requires looking at the pricing and the impact of individual issues in the S&P 500. Energy, commodity and industrial issues have been risi...