Author: josh
Markets are not in a comfortable place right now. The S&P 500 was down by more than a percentage at yesterday’s close, the Dow Jones by near the same, and the Nasdaq was down nearly 2%. The VIX volatility index, by contrast, is up more than 9%—suggesting the turbulence is far from over. Even then, Apollo’s chief economist, Torsten Sløk, wrote this week the S&P is at “historically extreme valuations.” In a note to clients yesterday, Sløk charted the “Warren Buffett indicator” (U.S. stock market cap to GDP) against the Shiller cyclically adjusted price-to-earnings ratio. The result is—perhaps unsurprisingly—that over…
Moving into a new home is exciting, but that feeling can quickly be replaced with dread when you’re faced with a sea of moving boxes. Whether you’ve relocated across town or across the country, having a clear plan for unpacking will help you settle in faster. Here’s a practical step-by-step guide to make unpacking after a move as stress-free as possible. 1. Clean your space before unpacking Before you start opening boxes, take time to clean your new home from top to bottom. Even if the previous owners or builders cleaned before you arrived, dust and debris can easily collect…
Dave:Housing demand is up, but prices are dropping. Mortgage rates have been a little bit better, but layoffs are all around us. The upside down economy that we’ve been in for years is rolling on, but we’re here to help you make sense of it. Everyone, welcome to On the Market. I’m Dave Meyer, joined by James Dainard, Kathy Fettke and Henry Washington today to talk about the latest news and try and instill some sense, some narrative that makes sense about what’s going on. Kathy, I think I’m gonna call on you first ’cause you got an uplifting story…
Everyone—from the White House to Fortune 500 CEOs—wants to get hold of Jamie Dimon. But the JPMorgan Chase CEO is clear: If he’s in meetings or out for appointments he won’t be checking his phone for emails or texts. There are a handful of exceptions to that rule, in the form of Dimon’s immediate family, who are the only people for whom he will have notifications turned on. Speaking to CNN in an interview released last night, the billionaire banker confirmed that during his workday, he rarely carries his mobile phone with him. “I don’t have it in front of…
In This Article This article is presented by Steadily. If you opened your insurance renewal notice lately and had to read the number twice, you’re not alone. Landlord insurance premiums jumped nearly 8% in the first quarter of 2025 alone. You read that right; that’s not annual growth spread across 12 months; that’s just one quarter. For real estate investors already navigating tight margins, rising mortgage rates, and competitive rental markets, insurance costs are becoming the silent profit killer. A property that penciled out beautifully two years ago might barely break even today, and insurance is a huge part of…
In This Article Employment is down, and rental demand is up. That’s the narrative sweeping the country, and landlords are learning how to make lemonade from the lemons of low housing affordability. As home sales collapse and inventory expands, a slow buyer’s market has turned into a hot rental one. Although an abundance of available rentals in the U.S. is “tipping [the market] in favor of tenants,” according to CREDaily, astute landlords can leverage demand in their favor. Advantage: Renters A surge in new apartments and slower rent growth (national average rents dropped 0.3% in September—the sharpest decline for that…
Nasdaq 100 futures were pointing downward again this morning after the index lost 2% yesterday in a massive, global selloff of tech stocks that shows no sign of letting up. The selling continued this morning in Asia and Europe. The STOXX Europe 600 was down 0.46% in early trading. Japan’s Nikkei 225 was down 2.5%. And South Korea’s KOSPI was down 2.85%. Bitcoin dipped below $100K but then rallied a little to $101K. Yesterday, the Nasdaq Composite was down 2.04%, Palantir lost nearly 8%, Reddit lost 8.4%, Nvidia was down 4%, and Softbank lost 10% at one point. The markets…
Proptech founders have an uncertain path to profitability and worse, there is no definitive course to get them there. Inman columnist Craig C. Rowe interviewed entrepreneurs at different stages of company growth to better understand how they manage scaling a business, the pursuit of funding and their own personal lives.
Dave:Mortgage rates recently hit their lowest point in a year. Things were trending in a good direction and then the fed cart rates and mortgage rates actually just went up. It may seem confusing, but if you look at the economic data, what’s happening does make sense. And on today’s episode, I’m going to explain what is going on at the Fed, why mortgage rates have reacted the way they have, and share what I think we can all expect going forward. Hey everyone. Welcome to On the Market. I’m Dave Meyer. Thank you all so much for being here…
Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a $4 billion enterprise value in a bid to improve the coffee chain’s flagging fortunes in the country. Boyu Capital will hold up to a 60% interest in Starbucks’ retail operations in China through a new joint venture with the coffee seller, the companies said in a statement. Starbucks will hold the remaining 40% and continue to license the brand and intellectual property to the joint venture. The agreement marks the end of a search for a partner to help chart…