by Bloomberg.com | Feb 17, 2023 | AlphaTack Intel
Conference Board measure fell 0.3% in January after 0.8% drop Decrease was led by weaker expectations and factory orders An index of US leading economic indicators fell in January for a 10th straight month, reflecting declines in consumer expectations and factory...
by AFR.com | Feb 16, 2023 | AlphaTack Intel
While the pending recession will be “relatively mild”, offset by a strong consumer balance sheet, Guggenheim Partners said investors should prepare for the S&P 500 to reset significantly lower. “We believe that no one should be betting on the Federal Reserve...
by Redfin.com | Feb 15, 2023 | AlphaTack Intel
Investor home purchases fell a record 46% year over year in the fourth quarter. Investors bought 18% of homes that sold, down from 19% a year earlier. Pandemic boomtowns Las Vegas and Phoenix saw investor purchases fall over 60%—more than all of the other metros...
by Bloomberg.com | Feb 15, 2023 | AlphaTack Intel
Wall Street-backed landlords have cut jobs and slowed purchases with high borrowing costs weighing on the housing market. Retired baseball star Alex Rodriguez took to LinkedIn in late 2021 to ask for help: He’d invested alongside Starwood Capital Group in a...
by CNBC.com | Feb 7, 2023 | AlphaTack Intel
Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4....
by Bloomberg.com | Jan 24, 2023 | AlphaTack Intel
Range of problems larger than it usually is, strategist says He doesn’t rule out a ‘brutal decline’ to 2,000 for S&P 500 The popping of the bubble in US stocks is far from over and investors shouldn’t get too excited about a strong start to the year for the...