construction

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market Read More »

An underestimated economic indicator is deeply negative

An underestimated economic indicator is deeply negative

OThis housing indicator bodes very badly for the economy. Homebuilder confidence, which measures market conditions in the single-family building space, has fallen in recent months as the housing market takes a beating and now appears to be facing recessionary conditions. “Tightening monetary policy from the Federal Reserve and persistently high construction costs have caused a …

An underestimated economic indicator is deeply negative Read More »

The S&P 500 fell 5% in a very bad week for stocks.  Those 20 lost up to 24%.

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%.

US stocks spat on Friday to end the week in the red. The day’s declines of less than 1% for the broad indices paled in comparison to Tuesday’s, when they fell 4% to 5%. For the week, the Dow Jones Industrial Average DJIA, -0.45% was down 1,329 points (or 4.1%), closing Friday at 30,822. The …

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%. Read More »

The proof is in the permits: Empty downtown SF offices slow construction

The proof is in the permits: Empty downtown SF offices slow construction

The number of expensive permits builders have filed with the San Francisco Department of Building Inspection has plummeted since the pandemic, as projects ranging from office towers to apartment complexes to home improvement projects multi-story tenants in the Financial District have been suspended or canceled. Department data shows that so far in 2022, through the …

The proof is in the permits: Empty downtown SF offices slow construction Read More »