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With all sorts of pretty good economic news interest rates are trying to move higher once again–yesterday the 10 year treasury closed at 4.01% – the 1st close above 4% since 7/10/2023. We’ll see what happens today as we digest more economic news–rate…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. I have added in some earnings reports from some smaller banks to get a ‘flavor’ of where they stand relative to commercial real estate…

So we got the news out of the way with the Fed rate hike yesterday – and then plenty of news this morning – almost all of it bullish for the economy. Jobless claims came in less than expected–and ongoing claims continue to move lower as well. Durable…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. I have added in some earnings reports from some smaller banks to get a ‘flavor’ of where they stand relative to commercial real estate…

So in about an hour we get the decision on a interest rate hike – 1/4% hike. I would think this would get an react whatsoever, although the algo’s will push the indexes up and down some just because that is what always happens. As always the Jay Powell…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. I have added in some earnings reports from some smaller banks to get a ‘flavor’ of where they stand relative to commercial real estate…

Press Release.

Both the S&P500 and the DJIA are up on the day – of course they are as Goldilocks is in the room I guess and investors only know one way – and that is up, up and away. Maybe the continued upward movement is a reaction to the potential settlement be…

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. I have added in some earnings reports from some smaller banks to get a ‘flavor’ of where they stand relative to commercial real estate…

Crude oil prices continue to elevate with west Texas crude up more than 10% in the last month—up about $8 barrel. On a year over year basis prices of crude are still down almost 20%. Personally I have noted gasoline prices at the pump are ticking hig…

The S&P500 moved higher once again last week – but at a modest pace – up .7% – this week we have lots of earnings reports which will move the market plenty. Of course with the interest rate hike to come on Wednesday we all know markets will be movi…

CLO owner Eagle Point Income Company (EIC) has priced their new issuance of term preferred stock. The issue prices at 7.75%. There is an optional redemption in 2025 with mandatory redemption in 2028. The issue will trade under ticker EICB when it begin…