Paired with that Million Dollar Coin that I already own, this wonderful blanket serves as a constant, tactile reminder of the milestones I have reached and the big one that is just around the corner.
Thank you @TigerCoinCenter for the lovely selection of new Tiger Merchandise. It makes me so happy to be part of our wonderful Tiger Community.๐ฅฐ๐ฅฐ๐ฅฐ๐๐๐๐ฐ๐ฐ๐ฐ
@TigerCoinCenter @Tiger_SG @Tiger_comments @TigerClub @CaptainTiger @TigerStars
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Today's Big Picture
$Invitation Homes Inc.(INVH)$
$American Homes 4 Rent(AMH)$
Trump Targets Corporate Landlords
The President wants to ban big investors from buying single-family homes. Invitation Homes $INVH and AMH $AMH sold off immediately.
If Congress codifies this, it's a structural shift for single-family rental. I'm skeptical it survives legal challenges but am in support of getting corporate out of residential homes.
Labor Market Keeps Cooling
Job openings fell to 7.15 million in November, lowest since September 2024. ADP payrolls came in light at 41,000 versus 48,000 expected. Not alarming yet, but the trend is much clearer heading into Friday.
Venezuelan Oil Returns to Market
Maduro is out and the oil is flowing again. Trump says the U.S. will receive up to 50 million barrels and he's meeting energy execs Friday to talk investment. Crude dropped on the supply news. Politics is driving oil prices more than fundamentals right now.
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