HOMZ News and Press, Hoya Capital Housing From 10/09/23

2023-10-09 04:53:00 ET Summary For the week, the S&P 500 was up 0.5%. The best performer last week was Volatility, as investors were willing to pay higher premiums to hedge their downside risk. The S&P Top 7 mega-cap tech stocks led the market higher last week. ...

2023-10-08 09:00:00 ET Summary U.S. equity markets remained volatile this week as benchmark interest rates surged through multi-decade highs after employment data showed resilient labor market trends, bolstering the Fed's case to remain hawkish. Narrowly avoiding a fifth-straight ...

2023-10-07 02:14:00 ET Summary In the US, even though inflation has started to decline, the Federal Reserve is struggling to quell rising prices. Stubborn inflation, high interest rates and recession fears have persisted through 2023. The technology-driven market has been extr...

2023-10-06 20:05:00 ET Summary For Q1 ’23 earnings, the “upside surprise” or beat rate for Q1 ’23 S&P 500 EPs was 6.8%. For Q2 ’23 earnings, the “upside surprise” or beat rate for Q2 ’23 S&P 500 EPS was even stronger ...

2023-10-06 01:20:00 ET Summary Through August 2023, it remains well elevated above that threshold, as measured by the percentage of median household income needed to pay the mortgage payment on the median new home sold. March 2021 marks the last time new homes were fully below the...

2023-10-05 22:45:00 ET Summary S&P 500 earnings kick off with the big banks and financials starting to report next week, with Friday, October 13th, ’23 being the day 4 to 5 bigger financials report. 9 of the 11 sectors for the S&P 500 saw positive revisions to expec...

2023-10-05 12:13:35 ET More related to mortgage rates: U.S. Dollar Gets Even Stronger As Long-Term Yields In The U.S. Rise Will The Stock Market Fall? Weekly Forecast, September 22, 2023: 1-Month Forward Treasuries Peak At 5.58% In 2039 Jeffrey Gundlach: ...

2023-10-04 22:55:00 ET Summary The strike against the Big Three US automakers by the UAW and the Fed’s stating that it will be tighter for longer were all bad news items in the past month. It was a terrible month for financial assets, with big drops in broad equity indices ...

2023-10-04 04:38:00 ET Summary Another Federal Reserve meeting came and went, and policymakers opted to skip a rate hike. Contrary to public discussion, and although we have seen an improvement from its peak, inflation is not under control. As inflation, the Fed, and interest ...

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...