The good, the bad and the ugly of rising interest rates
Unlike higher gas prices, which hurt almost everyone, higher borrowing costs have an uneven impact.
Unlike higher gas prices, which hurt almost everyone, higher borrowing costs have an uneven impact.
Property insurance claims are decreasing by volume but heading in the opposite direction in severity and cost, a trend that servicers will need to monitor as they work with homeowners following extreme weather events. Processing Content The number of U.S. claim assignments dropped to 1.24 million in the second quarter, falling 12.2% on a year-over-year…
While concerns over portfolio concentration risk in today’s market apply to clients across the board, it can be a particularly tricky situation for those who hold most of their wealth in one or two stocks. In addition, with SpaceX undergoing a mega-IPO earlier this summer, and Anthropic and OpenAI soon to follow, there is a…
Banks are re-entering the second-lien securitization market as rates keep rising, and that means nondepositories in the space will need to manage expenses and further diversify if they want to compete. Processing Content While nonbanks have helped rebuild a growing market for home equity line of credit products that banks had withdrawn from, that trend…
Related Companies and Oxford Properties’ 70 Hudson Yards — a roughly 1.4 million-square-foot office tower that won’t be complete until 2028 — has secured another office tenant, Commercial Observer has learned. Qube, a global investment manager, has agreed to lease 52,000 square feet at the planned 52-story office building currently under development in Manhattan’s Hudson…
This article was written by Follow I am a full-time equity analyst and the co-founder of Mina Vista Capital Management, a hedge fund that my business partner, William Hazen, and I started. I look for long-term investment opportunities with a focus on fundamentals. I’ve done extensive research on industries such as SaaS, technology, semiconductors, luxury,…
This as-told-to essay is based on a conversation with Henry Chen, a former Meta tech lead who was laid off in May. He’s 38 and lives in the San Francisco Bay Area. The following has been edited for length and clarity. After I left college, I worked as a DJ for a few years, taught…