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Jeff Bezos Says Inflation 'Most Hurts The Least Affluent' Which May Be Why These Assets Are Performing Better Than Ever
Saturday, October 29, 2022 - 9:39am | 586Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos got into a bit of a Twitter spat back in May with President Joe Biden over who's to blame for the record-high inflation. In one tweet, Bezos said, "Inflation is a regressive tax that most hurts the least affluent.", pointing out that...
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Elon Musk Says This One Union Has 'So Much Power Over The White House' It Can Exclude Him From Meetings
Sunday, July 31, 2022 - 4:32pm | 659In a recent interview, Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk said about the UAW (the United Auto Workers labor union), “They have so much power over the Whitehouse, they can exclude Tesla from an EV (Electric Vehicle) summit.” The referenced EV summit was held in August of 2021,...
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Elon Musk: 'A Recession Is Inevitable' - Here Are 3 Investments To Keep You Afloat If He's Right
Tuesday, July 19, 2022 - 1:52pm | 738During a video appearance at the Qatar Economic Forum, Billionaire Elon Musk shared his views and thoughts regarding Dogecoin (Crypto: DOGE), Tesla Inc (NASDAQ: TSLA) and public panic over pending economic doom. The full quote from Elon’s June 21, 2022 appearance, as reported in a recent...
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REIT's Wednesday At The Close: Medical Properties Up, Host Hotels Down
Wednesday, June 29, 2022 - 5:37pm | 454Real estate investment trusts traded generally lower Wednesday with the benchmark Real Estate Select Sector SPDR Fund (NYSEArca: XLRE) giving back 0.63%: That’s three red selling bars in a row for the ETF, which tracks daily activity of the major REITs. Note that the price returned to...
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REITs Tuesday: Sell-Off For Most But NexPoint Diversified Hits New High
Tuesday, June 28, 2022 - 5:19pm | 386The REIT benchmark ETF on Tuesday closed lower as did most of the individual names. The Real Estate Select Sector SPDR headed downward by 1.34%, taking back whatever had been gained in the last two trading sessions. The worst performer among the majors was Healthpeak Properties Inc (NYSE: PEAK)...
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REITs Tuesday Morning At The Open: Kimco Realty, Park Hotels and Host Hotels All Up
Tuesday, June 28, 2022 - 10:30am | 617As the stock market continued to rally off of the early June lows, real estate investment trusts definitely seemed to follow suit this morning. Host Hotels & Resorts Inc (NYSE: HST) is kicking off the trading day with a strong gain. It’s up by 3.43%, a much better look than yesterday...
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REITs Monday Action: Independence Realty Trust Up 2.65%
Monday, June 27, 2022 - 5:22pm | 450The real estate investment trust benchmark ETF, the Real Estate Select Sector SPDR, ended the day down just a little, but some REITS had a very good day. Independence Realty Trust Inc (NYSE: IRT) gained by 2.65%, leading the sector with that substantial percentage move: Price chart analysts will...