PKB

Weekly Market Pulse: Are Higher Interest Rates Good For The Economy?

Interest rates surged last week on the back of a hotter-than-expected inflation report. The rise in rates last week pushed the 10-year to its highest level since the peak at 5% in October of last year. Gold has been setting new highs, trading above $2400.

U.S. Housing Downturn Deepens as Mortgage Rates Rise, Manufacturing Sees Uplift

U.S. Housing starts fell by 12.4% in March due to rising mortgage rates and a shortage of existing homes for sale. The overall housing starts plummeted by 14.7%, the largest decline since April 2020. The manufacturing sector is showing signs of recovery, suggesting a potential turnaround for the sector.

Weekly Report: what happened at PKB last week (0408-0412)?

Anatomy Of A Recession Update: What's Different About This Cycle?

Jeffrey Schulze, Head of Economic and Market Strategy at ClearBridge Investments, discusses the updated ClearBridge Recession Risk Dashboard. He says immigration has increased the growth potential of the US economy more than usual. He also shares his views on US equities and the impact of the Magnificent Seven.

New Home Prices Fall, Still Unaffordable For Most American Households

In February 2024, the median new home price sold in the United States fell to $400,500. Even at the lowest price recorded since June 2021, it still remains out of reach for the typical American household. The mortgage payment for a typical new home sold has consistently exceeded the 28% basic affordability threshold.

Southwest Gas Unit Centuri Gears Up For IPO: Details

Southwest Gas Holdings, Inc.’s wholly-owned subsidiary Centuri Holdings has launched a roadshow for the initial public offering of 12.40 million shares of Centuri. The company expects the IPO price to be between $18.00 and $21.00 per share. Centuri has been approved to list on the New York Stock Exchange.

3 Sector ETFs & Stocks to Bet on March Jobs Data

Weekly Report: what happened at PKB last week (0401-0405)?