Of people working. And throughout the week, our trade guys will be meeting their chinese counterparts in shanghai. Add all of this up, it looks positive for your money as we kick off the new week. The two democrat debates will dominate the week in politics. Tuesday and wednesday nights, cnn hosts. That should be interesting. Don lemon, a trump hater, is inexplicablejy a moderator. Stay there, please. Congressman nadler calls the president disgusting and racist. Its a big show. Varney company is about to begin. Stuart we got the video. Violent protests, more violent protests over the weekend in hong kong. The residents angry over the citys autonomy. Take me through it. Susan this is an escalation in the confrontation, first backtoback we have seen since they started these protests started in june of this year. The police are taking more aggressive tactics, firing tear gas, rubber bullets. Also, the protesters are taking it more seriously as well. They have started what they are calling
Rental homes. Forget about foreclosures, theyre buying new. That could mean a big boost to builders. Diana olick is actually here shes in the house, excuse the pun to explain how it all works. Li, mandy. Love a good pun. Look, it was supposedly a temporary trade. Largescale investors turning foreclosures into singlefamily rentals. Then when home prices recovered, theyd sell the homes and pocket a nice profit. But investors say it is not a trade. A bunchburgeoning new asset class. Theyre now going to new Home Builders buying in bulk to rent. A californiabased publicly traded reit in Single Family rentals has already bought a few hundred homes from builders and its ceo says that is just the beginning. I spoke with him outside one of his new rental near atlanta. You have no reason to sell any of your homes. No. I actually think we are coming into the most compelling three or four years that ive seen since ive been in the business. Ryan says not only is this a promising new frontier for hi
Verizon is holding up the best along with merck and walgreens but all still lower. S p 500 down 3. 6 . We are looking at our worst day in a while the nasdaq down 4. 5 , worst day since june for the nasdaq. Tech is the hardest hit right now. As weve been seeing in this bear market when Interest Rates spike, the 2year yield is at the highest level since 2007 and those Interest Rate sensitive tech stocks are getting slammed. Ill give you a live look at the worst performing s p 500 sectors right now. Again, every sector is in the red. At the very bottom of the list as you can see communication services, technology, discretionary, financials and real estate. That yield curve inverting even further where the 2year yield spikes over the 10year yield, a signal of recession. Were all over this market recession. Weve got a great lineup of guests including david zerbos, anastasia ammaroso, dan niles and jason thomas well start with the market dashboard. Our senior markets commentator mike santoli
Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF – Get Free Report) announced a dividend on Wednesday, May 22nd, NASDAQ reports. Investors of record on Friday, May 31st will be paid a dividend of 0.035 per share on Friday, June 14th. The ex-dividend date of this dividend is Friday, May 31st. Dream Residential Real Estate Investment […]
Dream Residential Real Estate Investment Trust (OTCMKTS:DRREF – Get Free Report) announced a dividend on Wednesday, May 22nd, NASDAQ reports. Shareholders of record on Friday, May 31st will be paid a dividend of 0.035 per share on Friday, June 14th. The ex-dividend date is Friday, May 31st. Dream Residential Real Estate Investment Trust Price Performance […]