Landlords
Are Taking Over the U.S. Housing Market - (www.bloomberg.com) As
rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of
renters—and landlords. Last year, 37 percent of homes sold were acquired by
buyers who didn’t live in them, according to tax-assessment data compiled in a new report published by Attom Data Solutions and
ClearCapital.com Inc. That number may include second homes, or properties
acquired by investors who seek to fix up old homes and resell them at a profit.
But it’s also a strong indication that landlords are playing a larger role in
the U.S. housing market.
The
Inevitable Turn in World’s Most Important Property Market - (www.wsj.com) China’s
housing prices are weakening once again. While the bubble may not be getting
bigger, the problems haven’t gone away. It’s déjà vu in China’s housing market.
After more than a year of frenzy, the all-important property market—the beating
heart of the Chinese economy and the driver of global commodity demand—is
cooling down. Prices for new homes edged up 0.2% in January from the previous
month, the slowest growth in more than a year, according to the country’s statistics
bureau. Average prices in the biggest cities—including Shanghai and
Shenzhen,...
China
Insurance Watchdog Vows to Severely Punish Speculators - (www.bloomberg.com) The
chairman of China’s top insurance regulator vowed to impose “stringent”
rules and “severely” punish short-term speculation by insurers, the latest sign
of tightening controls on the nation’s industry. The watchdog will also curb
“aggressive” pricing and the “unreasonably” high returns of some insurance
products, Xiang Junbo, Chairman of the China Insurance Regulatory Commission,
told reporters in Beijing on Wednesday. Insurers shouldn’t attempt to
interfere in the management of listed companies, Xiang said. The CIRC “will
never allow insurance to become a rich man’s club, let alone allow financial
crocodiles to use insurance as their channel or hideout,” Xiang said.
Cashin
skeptical of record highs: 'We're really vulnerable' - (www.cnbc.com) The
stock market has been rallying since the U.S. election in November as investors rush to take
advantage of Donald Trump's promises of tax cuts and deregulation.
However, not all investors have a similarly optimistic outlook. "Well,
we're significantly overbought now. I mean, I think we're really vulnerable in
the sense that things like the advanced decline indicator is not keeping up
with the rate of the rally," Art Cashin, UBS director of floor operations
at the New York Stock Exchange, told CNBC's "Squawk on the Street" on Tuesday.
Hedge
Funds Continue to Chase the Herd With Record Momentum Bets - (www.bloomberg.com) Hedge
funds can’t get enough of momentum -- even if it means embracing an investing
strategy they hate. Loosely defined as betting on shares that went up the
fastest over the preceding nine-to-12 months, hedge funds are the most reliant
on momentum strategies since at least 2010, according to an Evercore ISI
analysis of 13F filings with the Securities and Exchange Commission. Meanwhile,
they’ve reduced their bearish bet on value stocks, which are priced at deep
discounts to earnings and assets, for the first time in nine quarters, the
study shows.
China Home Prices Rise in Fewest Cities in a Year Amid Curbs - (www.bloomberg.com)
China's Public-Private Projects Pose State Debt Risks - (www.bloomberg.com)
Germany's 'man of the streets' Schulz plots path to defeat Merkel - (www.reuters.com)
Exclusive: China finishing South China Sea buildings that could house missiles - U.S. officials - (www.bloomberg.com)
Fed Minutes Could Offer Hints on Timing of Rate Rises, Balance Sheet Moves - (www.wsj.com)
No comments:
Post a Comment