Market Indices finished the shorter holiday trading week on a mixed note but closed higher for the Week following commentary from members of the Federal Reserve who suggest that the pace ofinterest rate hikesmay slow down soon.For the Week, the S&P 500 Rose 1.5%, the Dow Closed 1.7% higher, while the tech-heavy Nasdaq inched 0.7% higher.The Week ahead is packed with crucial inflation and jobs reports, which will help investors gauge the data about the strength of the economy, driving the markets in the Week ahead.Inflation UpdatesThe Bureau of Economic Analysis is set to report the personal consumption index (PCE), the Fed’s preferred inflation indicator for October, on Thursday. Consensus forecasts show that PCE inflation will have slowed down in the previous month afte
$Lendlease Global Commercial REIT(JYEU.SI)$ LREIT reported its 1QFY23 business update yesterday. Although there are some positive signs of a strong recovery in retail business and Sir Bahamut saw many sell-side brokers singing praises of LREIT, but there are some red flags that investor should look out for too. Portfolio occupancy remained stable at 99.7% compared to 99.8% as at end FY22. On a portfolio basis, tenant sales continued to surpass pre-COVID levels in 1QFY23, with sales at 313@Somerset surging to c.125% of pre-COVID levels in the quarter. Footfall gap has also moderated to 90% of pre-COVID levels. Retail reversions was at a positive 1%, while office rental income grew by 4% on annual escalations. Grange carpark AEI is still in early