Special Situations 🌐 Research Newsletter (Jay)
Typical home sold during 4 weeks ending July 17 spent 19 days on the mkt, one day longer than last year. That’s according to a new report from $rdfn, the technology-powered real estate brokerage.
First time in 2 years median time on market has posted a y/y gain. Will get worse
tweet
Typical home sold during 4 weeks ending July 17 spent 19 days on the mkt, one day longer than last year. That’s according to a new report from $rdfn, the technology-powered real estate brokerage.
First time in 2 years median time on market has posted a y/y gain. Will get worse
tweet
Offshore
Photo
Compounding Capital
$VZ and $TMUS encroaching even more aggressively on cable with FWA net adds ramping.
Assuming $TMUS comes in around 400K FWA net adds, that's 650K total FWA net adds in 2Q 2022.
Cable used to add about 500K HSD subs in 2Q pre-COVID. https://t.co/eE3953a6f9
tweet
$VZ and $TMUS encroaching even more aggressively on cable with FWA net adds ramping.
Assuming $TMUS comes in around 400K FWA net adds, that's 650K total FWA net adds in 2Q 2022.
Cable used to add about 500K HSD subs in 2Q pre-COVID. https://t.co/eE3953a6f9
tweet
Special Situations 🌐 Research Newsletter (Jay)
US PMIs crashing, just like Europe. Forward indicators for 3Q22 earnings:
-US July Flash Composite PMI 47.5 vs 52.3
-Employment falls to 54.7 vs 55.7 in June
-Output prices fall vs prior month
-US S&P Global July Services Flash PMI 47; Est. 52.7
- BIG MISS Range from 51.5 to 53.1
tweet
US PMIs crashing, just like Europe. Forward indicators for 3Q22 earnings:
-US July Flash Composite PMI 47.5 vs 52.3
-Employment falls to 54.7 vs 55.7 in June
-Output prices fall vs prior month
-US S&P Global July Services Flash PMI 47; Est. 52.7
- BIG MISS Range from 51.5 to 53.1
tweet
Offshore
Photo
Special Situations 🌐 Research Newsletter (Jay)
$TLT baby, munis @JLinWins https://t.co/FLyVmJX2pB
tweet
$TLT baby, munis @JLinWins https://t.co/FLyVmJX2pB
tweet
Special Situations 🌐 Research Newsletter (Jay)
The “right thing to do” at the moment is to have stronger cash levels and take advantage of higher relative rates in the front-end of global curves, said Jerome Schneider, head of short-term portfolio management and funding at Pacific Investment Management Co.
tweet
The “right thing to do” at the moment is to have stronger cash levels and take advantage of higher relative rates in the front-end of global curves, said Jerome Schneider, head of short-term portfolio management and funding at Pacific Investment Management Co.
tweet
Offshore
Photo
Special Situations 🌐 Research Newsletter (Jay)
Seventy (7-0) central banks globally have raised interest rates by at least 50 bps in one go this year...let that sink in, that has NEVER happened before. Monetary conditions tightening quickly... https://t.co/Yb3rdP1MSW
tweet
Seventy (7-0) central banks globally have raised interest rates by at least 50 bps in one go this year...let that sink in, that has NEVER happened before. Monetary conditions tightening quickly... https://t.co/Yb3rdP1MSW
tweet
Offshore
Photo
Morning Brew ☕️
One in every four UK household owns a copy of Queen's Greatest Hits record, according to the Official Charts Company.
The band just became the first musical act to sell 7 million copies of an individual album in the UK. https://t.co/qt8qAmlVzx
tweet
One in every four UK household owns a copy of Queen's Greatest Hits record, according to the Official Charts Company.
The band just became the first musical act to sell 7 million copies of an individual album in the UK. https://t.co/qt8qAmlVzx
tweet
Sidecar Partners
People give themselves away, and so do companies.
It looks like a 3rd grader made the $COST slide deck. Same for Berkshire’s $BRK website.
These are clues into their cultures and the types of shareholders they are trying to attract… https://t.co/JZyU4cO3z0
tweet
People give themselves away, and so do companies.
It looks like a 3rd grader made the $COST slide deck. Same for Berkshire’s $BRK website.
These are clues into their cultures and the types of shareholders they are trying to attract… https://t.co/JZyU4cO3z0
Doesn't get much simpler than this...$COST https://t.co/nosqY3Rt7D - Teemactweet