But if I knew how to manage my portfolio safer and smarter than most hedge fund managers, I could realistically grow my wealth.
Next week contains a lot of data, but nothing market-moving
Next week contains some important economic data, especially the retail sales data, which will matter for people making forecasts for Q4 GDP. Later in the week, we’ll have important housing data with housing starts and building permits. Economists will be very interested in seeing whether last month’s 1.1 million print was a fluke or not.
Economic data this week
Monday, January 13
Tuesday, January 14
Wednesday, January 15
Thursday, January 16
Friday, January 17
Earnings reports this week
No real estate–related earnings this week.
Impact on mortgage REITs
Mortgage REITs like Annaly (NLY), American Capital Agency (AGNC), and MFA Financial (MFA) are highly interest rate–sensitive. There’s nothing next week that should be all that important to the REITs, although analysts who cover the REITs that have origination arms will certainly pay close attention to all the banking reports.
Impact on homebuilders
Next week contains a lot of data that will be of concern to the builders. The housing starts and building permits data promise to be a big deal to builders like Lennar (LEN) and Standard Pacific (SPF). The industrial data (capacity utilization and industrial production) will be important data points as well.
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