This morning, we received the April Non-Farm payroll report and it was a great report…not to hot, not to cold and fewer jobs created than what Wall Street expected. The market reaction was positive, but why? We’ll explain it when we re-cap the week on Wall Street.
Wall Street went on a home buying spree during the pandemic. Democrats in the U.S. Senate and House have sponsored legislation that would force large institutional owners of single family homes to sell these houses to family buyers. One lawmaker in Ohio has proposed heavy taxation on these buyers. But did these institutions harm or help the housing market? We’ll discuss it tonight.
Future retirees have a lot of questions they should ask themselves as well as their advisors. Some of these questions are more relevant than others. We’ll review what we feel are the 10 most important questions a retiree must ask to help formulate their decision as to retire or not.
This was a week dominated by corporate earnings. Some companies missed while the vast majority did well. Earnings were in addition to today’s inflationary data. So what is the market telling us? We’ll answer that question as we review the week on Wall Street.
Our lives are dramatically being changed by AI, artificial intelligence. It’s also creating major changes in the world of real estate. We are going to explore 10 ways that AI is transforming the real estate industry.
When we are young, we can afford to take risks. Whether it’s in the stock market, real estate or in business. As we get older and closer to retirement, usually it is prudent to “dial back the risk” a bit, especially if we are within 5 years of retirement. We continue our discussion of our 5 years until retirement checklist to make sure you have it all covered.
Studies have revealed that there is a large portion of the population that is contributing to the housing shortage. The group I am referring to are Baby Boomers. According to Redfin, about 28% of all US homes that have three or more bedrooms are owned by this group…and they are not moving for various reasons. We’ll discuss what this group means to the housing market currently and for years to come.
When we are young, we can afford to take risks. Whether it’s in the stock market, real estate or in business. As we get older and closer to retirement, usually it is prudent to “dial back the risk” a bit, especially if we are within 5 years of retirement. We’ll review our 5 years until retirement checklist to make sure you have it all covered.
Investors have been on edge this week. From the events in the Middle East to fed commentary. For the week, the major averages finished in the red. But there is at least one bright spot…..corporate earnings. Tonight on the Jon Sanchez Show at 5pm, we’ll review the week on Wall Street and tell you our opinion on “what the market is telling us”.
You hear us talk frequently about our local and national housing shortage, the bidding wars and 7% plus mortgages. What you don’t hear us mention is how the hidden costs of homeownership are skyrocketing. Last year, homeownership affordability fell to its lowest level since the 1980s, according to the Wall Street Journal. So what are these hidden costs for you to factor into your budget? We’ll let you know, tonight on the Jon Sanchez Show.
The term “higher for longer” is being used more frequently these days, especially after last week’s inflationary data. Today, we witnessed another significant increase in bond yields plus the tensions in the Middle East. With these two factors, what areas of the market are doing well and which ones should you avoid? We’ll answer that for you.
Today we received the much-anticipated CPI report for March that was higher than market expectations causing concerns about higher inflation and higher interest rates. We will discuss today’s move in the markets and set the table for what to expect later in the week.
Today we received the 2023 Letter to Shareholders from JP Morgan’s CEO, Jamie Dimon who highlighted his views of the world and investing landscape at this time. We will discuss his Annual letter and set the table for the week ahead.