The latest data from Zillow indicate that American homes will have lost more value by the end of this year than they did in 2009 – down a total of $1.7 trillion in 2010 vs. a $1 trillion decline a year ago. Richard Florida produced a helpful chart of the 2010 decline by region (click to enlarge), showing how uneven the fall was this year – four regional areas were actually up:
Demand for corporate debt remains ravenous despite negative rates
The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has more work to do to tame price increases in the sticky services components which will likely require further slowing in the labor market. Wage pressures remain strong driven by a tight labor market and consumption is slowing while GDP growth is easing.
All portfolio managers on Covestor go through a rigorous evaluation period.
Consider themes that may be insulated from geopolitical-driven volatility like U.S. Infrastructure, Defense Tech, and Uranium. Also consider traditionally less volatile assets like preferreds, covered calls, or emerging market debt less correlated with U.S. election risks
