To The Moon

Financing cost won't be dropping so fast. Many REITs signed their financing packages when intetest rates were almost zero pre-covid. Today, interest rates are at 40-yr high (referring to Fed rates). Interest rates may be reduced soon BUT will not return to pre-covid levels. Hence, when REITs refinance their loans in the near future, they will still be subjected to higher rates compared to their pre-covid arrangements. Does the above make sense ?

Twin Peaks. Two economic reports out last Fri, 30 Aug 2024 helped to push US market to close on a “high”. The 2 reports were: Personal spending - July 2024. Core Personal Consumption Expenditure (PCE) - July 2024. Oon Friday, all indexes closed on a high. (see above) DJIA: +0.55% (+228.03 to 41,5636.08, recording wins for last week. S&P 500: +1.01% (+56.44 to 5,648.40) posts 4th straight winning month. Nasdaq: +1.13% (+197.19 to 17,713.62) but overall dragged down by Tech losses. Personal Spending report. US consumer spending had a solid finish in July 2024, implying US economy remained on firmer ground early in the Q3 2024. It rose by +0.5% after advancing by an unrevised +0.3% in June 2024, Economists polled by Reuters had forecast spending would accelerate by 0.5% also. As a result,

Leo KoGuan, a major individual investor in Tesla, on Thursday called on the electric carmaker to buy back shares, after Tesla stocks took a hit from CEO Elon Musk's deal to buy $Twitter(TWTR)$.The com

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market