Sat.Jul 06, 2024

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Real Estate Newsletter Articles this Week: Office Vacancy Rate at New Record High

Calculated Risk

At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores • Moody's: Apartment Vacancy Rate Unchanged in Q2; Office Vacancy Rate at New Record High • ICE Mortgage Monitor: Existing Home Inventory Surges in Florida and Texas • Asking Rents Mostly Unchanged Year-over-year • Final Look at Local Housing Markets in May and a Look Ahead to June Sales This is usually published 4 to 6 t

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Saturday links: a complicated rule

Abnormal Returns

Autos How 'electric trees' could allow for charging on city streets. (thecooldown.com) Where an EV saves you money, by state. (axios.com) Why choose a self-driving taxi? (fastcompany.com) Energy Clean energy is being transported over even longer distances. (wsj.com) What's the ideal temperature to set your AC? (vox.com) Solar panels need regular maintenance.

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‘50 Shades of Beige’: Meet Britain’s New Prime Minister

The Big Picture

Source: New York Times The NYT: The final votes in Britain’s parliamentary elections are still being counted, but one thing is crystal clear: After 14 years in power, the Conservative Party is out. More than that: It’s been thoroughly punished by the British public, reduced to barely 120 seats, the party’s worst result in its history. Several prominent figures — including former Prime Minister Liz Truss — lost their seats.

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Schedule for Week of July 7, 2024

Calculated Risk

The key report this week is June CPI. Fed Chair Powell testifies on the Semiannual Monetary Policy Report to Congress. -- Monday, July 8th -- No major economic releases scheduled. -- Tuesday, July 9th -- 6:00 AM ET: NFIB Small Business Optimism Index for June. 10:00 AM: Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to Congress , Before the U.S.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • These people still believe in democracy (little d) and are working to keep it. On this July 4th holiday, America’s system of democracy is under threat. These people are working to keep it alive and well. ( USA Today ) • The Fried Chicken Sandwich Wars Are More Cutthroat Than Ever Before : Here’s why everyone from fast-casual chains to chefs at Michelin-starred resta

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Talk Your Book: Why We Don’t Build Enough Houses

A Wealth of Common Sense

We are joined by Coby Lefkowitz, Partner at Backyard to discuss the Real Estate Development Market, and dive into why housing has become a crisis. See here for more thoughts from Coby! On today’s show, we discuss: Why homebuilders have built less homes coming out of the GFC Why building houses has become harder and harder How Minneapolis and Austin got housing development right Using Paris as an urban planning exam.

Planning 101

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The Unnerving Calm of Equity Markets

Advisor Perspectives

An extended period of calm means investors must be vigilant and not become complacent. However, it's not necessarily a harbinger of an impending volatility event.

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What benefits do PSUs get after achieving Navratna status? List of stocks

Trade Brains

Following India’s independence, the government began nationalising some companies and even establishing its own, known as Public Sector Undertakings (PSUs), to regain public trust. These government-backed companies went on to become one of the top competitors for private businesses. As a result, PSUs have become a household name and hold significant value in the eyes of the general public.

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US Bond Yields Fall as Jobs Report Supports Case for Fed Cuts

Advisor Perspectives

US Treasuries gained, pushing yields lower, after a mixed report on the US labor market left traders holding tight to bets that Federal Reserve officials will lower interest rates this year.

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Mega-Cap Tech Stocks Continue to Lead the Way

Advisor Perspectives

Having hit 31 record highs since January and up more than 15% year to date, the S&P 500 is off to its best start to the year since 2019 and the best start to an election year ever, driven by mega-cap tech stocks and artificial intelligence (AI) tailwinds.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Tesla Shares on Track to Turn Positive for 2024 After $200 Billion Rally

Advisor Perspectives

Tesla Inc. shares are set to extend gains for an eighth consecutive session on Friday, putting the stock of the world’s most valuable automaker on track to turn positive for the year.

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MegazoneCloud Picks JPMorgan, Banks for IPO as AI Interest Grows

Advisor Perspectives

MegazoneCloud Corp. has selected firms including a unit of JPMorgan Chase & Co. to help it kickstart an initial public offering that could value one of Asia’s biggest cloud and AI services companies at several billion dollars.

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McDonald’s $5 Meal Tells You Where Prices Are Headed

Advisor Perspectives

Between McDonald’s $5 value meal, Taco Bell’s $7 cravings box and budget breakfasts from Starbucks and Wendy’s Co., fast food chains are fighting hard to win over hungry Americans this summer. Why now? It comes down to price-sensitive customers voting with their wallets and forcing companies to chase traffic to grow revenue and profits.

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Trying to Kill Chinese Tech Only Makes It Stronger

Advisor Perspectives

In trying to block China’s climb up the ladder of technological sophistication, the US may inadvertently be giving its rival a hand up.

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Stop Falling Short When It Matters Most—The Elite Advisor’s Playbook to Success

Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?