Real estate

Frontrunning: January 24

  • Dollar steadies after stumble, sterling rides out Brexit ruling (Reuters)
  • After U.S. exit, Asian nations try to save TPP trade deal (Reuters)
  • U.K. Court Rules Brexit Trigger Needs Parliamentary Vote (BBG)
  • Brexit plans unlikely to be slowed by Article 50 defeat (Reuters)
  • Health Secretary Nominee Proposed Bill Benefiting Puerto Rico Investments (WSJ)

The Myth Of The "Passive Indexing" Revolution

Investors need to be cognizant of, and understand why, the chorus of arguments in favor of short-sighted and flawed strategies are so prevalent. The meteoric rise in passive investing is one such “strategy” sending an important and timely warning. Just remember, everyone is “passive” until the selling begins.

Ethics Group Will Sue Trump On Monday Over Foreign Government Payments

Trump is barely two days in office, and already a lawsuit is set to be filed against the newly inaugurated president. According to press reports, a group of lawyers, including former White House ethics attorneys will file a lawsuit on Monday accusing the President of allowing his businesses to accept payments from foreign governments in violation of the U.S. Constitution.

Politicians Across America Continue Push To Make Protesting Illegal

It is becoming increasingly apparent that dissent is being criminalized not only nationwide but on multiple fronts. Increased regulations are appearing that limit the public spaces that can be lawfully occupied in protest. Meanwhile, legislation is also being introduced to increase the negative consequences for newly unlawful protests.

Pound Plunges After UK Retail Sales Crash Most Since 2011

The post-Brexit euphoria appears to have abruptly vanished in December as UK core retail sales plunged 2.0% month-over-month, the biggest drop since May 2011. Ironically, this crack in the 'Brexit Boom' occurred an hour before U.K. Chancellor of the Exchequer Philip Hammond told a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. Cable tumbled on the print (not helped by London home pre-sales plunging).