Perspective
- “Investors have become too complacent and monetary, fiscal, trade and geopolitical risks abound, Pimco’s Richard Clarida, Andrew Balls and Dan Ivascyn said in a report issued Wednesday. There’s a 70% chance of a recession in the next five years, they said.”
- “’We believe that many market participants today are too relaxed, that medium-term risks are building and that investors should consider using cyclical rallies to build cash to deploy when markets eventually correct — and possibly overshoot — as risks are repriced,’ the executives said in Pimco’s annual Secular Outlook for the next three to five years.”
WSJ – Daily Shot: John Burns Real Estate Consulting – US 30-Year Old Milestones 6/1
Real Estate
WSJ – Daily Shot: John Burns Real Estate Consulting – National Mortgage Rate Sensitivity 6/1
WSJ – Daily Shot: John Burns Real Estate Consulting – US Household Growth 6/1
WSJ – Daily Shot: John Burns Real Estate Consulting – Burns US Home Value Index 6/1
China
WSJ – China’s Debt Problem Moves Back to the Future – Nathaniel Taplin 6/1
Other Links
WSJ – Daily Shot: US Percentage of Population on Food Stamps 6/1