XHB News and Press, SPDR Series Trust Homebuilders From 09/21/23

2023-09-21 22:20:00 ET Summary New listings rose in August, when they normally fall in August, an interesting break in the seasonal pattern. Due to the plunge in July and August 2022, the median price was up 3.9% year-over-year. Sales of previously-owned houses, condos, and co...

2023-09-21 12:35:00 ET Summary A tripling of US mortgage rates constrained both the demand and supply of housing, leaving existing home sales at post-GFC lows. Mortgage rates will rise further in the wake of the market's reaction to yesterday's Fed forecasts, further constraining ...

2023-09-21 12:17:37 ET More related to mortgage rates: Bond Market Expectations: Slow Growth And Moderate Inflation Deutsche Bank looks at the US10Y for clues on whether the Fed has hiked for the last time U.S. government shutdown looms amid political impasse in Hous...

2023-09-18 19:30:00 ET Summary The percentage of US banks tightening their credit to large and medium firms now above 40% – was only seen during the 2020 pandemic, the 2008 financial crisis, the 2001 Dotcom bust, and the 1990-91 recession. As higher interest rates freeze ex...

2023-09-18 11:59:12 ET More on SPDR Homebuilders ETF Seeking Alpha’s Quant Rating on SPDR Homebuilders ETF Dividend scorecard for SPDR Homebuilders ETF XHB: Sell Rating Issued, As Homebuilding Risks Rise U.S. Homebuilder Mortgage Rate Buydowns Are Star...

2023-09-18 09:38:32 ET Summary The current consensus is that S&P 500 earnings will increase 12.2% on a year-over-year basis in 2024 while revenues rise 5.6%. However, the economy's key growth drivers, such as housing, the consumer and industrial production, are facing challeng...

2023-09-17 09:00:00 ET Summary U.S. equity markets slumped for a third-straight week while benchmark interest rates returned to the cusp of multi-decade highs after inflation data showed a modest reacceleration in price pressures. The disappointing setback follows several quarters...

2023-09-14 12:14:55 ET More related to mortgage rates: Bond Market Expectations: Slow Growth And Moderate Inflation U.S. government shutdown looms amid political impasse in House: Pantheon Roth MKM says the inverted yield curve still suggests that a recession is poss...

2023-09-13 01:40:00 ET Summary According to data from the National Centers for Environmental Information (NCEI), the average number of severe events per year has increased over time, as have the financial and human costs. So far this year, there have been 23 confirmed weather-rela...

2023-09-11 17:38:00 ET Summary If an investor is to make tactical changes to their portfolio, it is in the extremes where they will find their greatest opportunities. What looks like an extreme today might be merely a way station on the path to something even more extreme. Con...