Positive Outlook for REIT Dividend Stocks in 2024 =============== #328e32df ver:0.11 RBC Capital Markets has published its first-ever global real estate outlook for 2024, expecting 'healthy returns' for Canadian and U.S. REITs. The report highlights several parallel themes that will likely influence returns in both markets, including a shift to monetary policy easing, stabilizing yields, and sector fund flows. RBC's top picks include COLD, DIR, FR (Canadian and US industrial), CSH, VTR (Canadian and US seniors housing/healthcare), KMP (Canadian multi-family), TCN (US single-family rental), and MHC (US manufactured housing). The report also mentions that REITs tend to perform well in slower growth environments and ahead of initial rate cuts. BMO senior economist Sal Guatieri notes the significant increase in Canada's population compared to the U.S., driven by immigration an... #newstr #Reit #DividendStocks #RealEstateInvestmentTrust #UsEconomy #InterestRates
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Central Banks Expected to Delay Rate Cuts to June Amid Global Easing Cycle =============== #e27004a0 ver:0.23 Economists and central bank watchers are predicting that the first loosening of monetary policy in developed markets will be postponed from March to June. The main factors motivating central bankers to cut rates include policy normalization amid higher real interest rates, inflation falling towards or below target, and slower economic growth and rising unemployment . The rate cutting cycle is expected to be more aggressive in the eurozone compared to the US. The European Central Bank (ECB) has around 150bps to 200bps of rate cuts available, while the Federal Reserve (Fed) has around 225bps to 275bps. The market is currently pricing in slightly more easing this year by the ECB compared to the Fed, which will have implications for the value of the euro versus the US dollar and the relative p... #newstr #CentralBanks #EasingCycle #InterestRates #SwissNationalBank #BankOfJapan #BankOfCanada #ReserveBankOfAustralia #UsFederalReserve #EuropeanCentralBank #BankOfEngland #Inflation
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Pressure Mounts for the Japanese Yen as US Dollar Shows Continued Strength =============== #76cf07ec ver:0.05 The US dollar is continuing to show strength, putting pressure on the Japanese yen. The positive economic data and expectations of higher interest rates by the Federal Reserve have contributed to the rise of the US dollar. The DXY, which closed the week in the 104 region, is now technically above a critical resistance level . The article also mentions the possibility of the Federal Reserve cutting interest rates less than the projected three rate cuts, which could further support the US dollar. This indicates that the US dollar may continue to strengthen in the near future . On the other hand, the Japanese yen is facing pressure as the USD/JPY pair approaches historic highs. Despite Japan's exit from expansionary monetary policy, the pair has continued to rise. Speculation of interventio... #newstr #UsDollar #JapaneseYen #CurrencyExchange #FederalReserve #InterestRates
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China's Transition to Green Development and Efforts to Reduce Carbon Emissions =============== #331cf30f ver:0.13 China's transition to green and low-carbon development has been making significant progress. The country has surpassed thermal power with its booming renewable energy sector. China has committed to peaking carbon emissions by 2030 and achieving carbon neutrality by 2060. The country's energy intensity and carbon emissions intensity have both decreased, and it has become a global leader in the new energy vehicle market. China's industries and resident lifestyle have undergone a green transformation, with the adoption of clean energy heating and the use of renewable energy in the 2022 Beijing Winter Olympics. The country has also intensified its efforts to enforce environmental regulations and combat pollution. China's average PM2.5 density has decreased, and officials have been held account... #newstr #China #GreenDevelopment #CarbonEmissions #EconomicGrowth #EnergyConsumption #CaliforniaWaterServiceGroup #GreenhouseGasEmissions
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US Market Rally Broadens as Investors Seek Winners Beyond Tech Giants =============== #1dc04428 ver:0.19 The US stock market rally is showing signs of broadening as investors shift their focus beyond the mega-cap tech stocks that have been driving gains. A more reassuring economic outlook and dovish signals from the Federal Reserve have prompted investors to seek winners in sectors such as financials, industrials, and energy, which are outperforming the S&P 500's year-to-date gain of 9.7%. This broader rally indicates that market leadership is becoming less concentrated and less susceptible to a correction. The Magnificent Seven tech stocks, including Nvidia and Meta Platforms (formerly Facebook), have been responsible for a significant portion of the S&P 500's gain so far this year. However, the rally in other sectors such as financials, industrials, and energy is reducing the dominance of ... #newstr #UsStockMarket #TechGiants #FederalReserve #Inflation #EconomicGrowth
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