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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mortgage REITs Clobbered as Leverage Forces Sales. The rise in yields have wreaked havoc in the bond markets and even more so in mortgage-related Real Estate Investment Trusts (REITs).

Sales 60
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Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. European Car Sales Plunge to 20-Year low. in June, bringing total sales for the first six months of the year to just 6.44 Among the five largest markets, only the U.K. Sitka Pacific.

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Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Italy: Sharpest drop in retail sales since April. Sitka Pacific. Recent Posts. Big Picture.

Retail 55
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Average Cost of New Home is 6 Times Median Income (Historically 3); Sales of Priciest 1% of Homes Soar (Bottom 99% Down)

MishTalk

Average inflation-adjusted income has declined 9 percent for the bottom 40 percent of households since 2007, while incomes for the top 5 percent exceed where they were when the recession began that year, according to the Census Bureau. Sales of the priciest 1 percent of homes are up 21.1 percent in 2013. percent in 2014.

Sales 69
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Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Sales dropped 2.2

Retail 50
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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Philadelphia : 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales. December 2007 (69). November 2007 (91). Daily Bell.

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Mish's Global Economic Trend Analysis: Jewel Food Store Amazing.

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Hormel Cure 81 hams were allegedly on sale for $3.99 Kim notified me "the sale price was $3.99" and it was reflected on the receipt. December 2007 (69). November 2007 (91).