Tomorrow, Thursday, May 21, As You Sow’s CEO Andrew Behar will be presenting a shareholder resolution at the BlackRock annual general…
Continue ReadingNAR: Existing-Home Sales Decreased to 4.33 million in April
From the NAR: Existing-Home Sales Wane 17.8% in April Existing-home sales dropped in April, continuing what is now a two-month…
Continue ReadingPhilly Fed Manufacturing firms reported “continued weakness” in May
From the Philly Fed: May 2020 Manufacturing Business Outlook Survey Manufacturing firms reported continued weakness in regional manufacturing activity this…
Continue ReadingWeekly Initial Unemployment Claims decrease to 2,438,000
Update Another error this week: “In Massachusetts, PUA initial claims for the week ending May 16 were 115,952.” With MA…
Continue ReadingBlack Knight: National Mortgage Delinquency Rate Increased Sharply in April, “Largest Single-Month Increase Ever Recorded”
Note: Loans in forbearance are counted as delinquent in this survey, so the delinquency rate jumped in April. From Black…
Continue ReadingThursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a 2.500…
Continue ReadingMasks Off – Or is That Risk Off?
Tuesday night, we reminisced that, on February 5th, I wrote in a blog, “Although the last couple of days brought…
Continue ReadingCorporate Restructuring Post Coronavirus: Carve-outs Represent Attractive Opportunity, but Execution Risk is High
Corporate Restructuring Post Coronavirus: Carve-outs Represent Attractive Opportunity, but Execution Risk is High Get The Full Warren Buffett Series in…
Continue ReadingTrump Gives Backdoor Bailout To Major Polluter With Shady PastÂ
Chesapeake Energy, Main Beneficiary of BLM’s Lease Suspensions, Has Been Fined Nearly $14 Million In Environmental Penalties and $25 Million…
Continue ReadingPhoenix Real Estate in April: Sales down 27% YoY, Active Inventory Down 22% YoY
The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”): 1) Overall sales were at 6,925 in April, down from…
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