For 44 years, this investor held aces in the long-bond game. He just folded.
Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.
Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.
Marcus & Millichap announced the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois.“This offering generated significant investor interest due to the property’s strong operating performance, prime location and the limited supply of comparable retail assets in the market,” said Brian Parmacek, managing director of investments. “The asset received multiple offers…
12:01 AM, 17th July 2026, 1 minute ago The government has claimed there is “no one-size-fits-all” approach for landlords when determining whether a tenancy is suitable, despite measures being introduced to tackle discrimination in the PRS. In a written parliamentary answer, Labour peer Baroness Taylor of Stevenage claimed the government have taken action to stop…
Executive Summary The discussion included the overall calibration of bank capital requirements in the UK, as well as the areas identified by the FPC for further work in December, which were: the usability of buffers, the functioning of the leverage ratio framework; and the interactions between different elements of the capital stack, particularly in relation…
According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 628,000 in June. This represents a 1.6% increase from May’s upwardly revised rate of 618,000 but a 5.6% drop from the previous year. The latest reading was higher than the forecast of 609,000. Key Takeaways New home sales rose…
European investment firm Lakestar has closed a $300 million Resilience I Fund designed to invest in defense and dual-use technologies that enhance Europe’s resilience capabilities, the company said in a Friday (July 17) post on LinkedIn. “As [Klaus Hommels], our founder and chairman, wrote last year: freedom is not for free,” Lakestar said in the…
Processing Content Key insight: A long-time Illinois banker has been banned from the industry for approving mortgages based on faulty appraisals. Expert quote: Burns “ignored inconsistencies and irregularities in the appraisals that should have called into question their accuracy.” —Federal Reserve enforcement action. Forward look: The prohibition order against Burns is indefinite and can only…