News
A prolonged drop in U.S. Treasury yields is catching bond and fixed income traders as well as most investors by surprise. The 10-year U.S. Treasury yield dropped below 1.3% on July 7th and fell further overnight to 1.25% (despite real…
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On July 2nd The Street received the jobs data for the month of June, and those numbers did not disappoint. The Labor Department announced that job growth accelerated in June (to 850,000); however, the unemployment rate was unchanged as uncounted…
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Housing statistics confirm that houses available to purchase are extremely limited, so the volume of sales continues declining. While rapidly rising prices of lumber and other components may have impacted the reduced number of housing starts, there appears to be…
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Kansas adult-care facilities now are required to test staff and patients for COVID-19. Gov. Laura Kelly on Friday directed Dr. Lee Norman, Kansas Department of Health and Environment secretary, to issue a health order for the testing. “We have a…
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The Missouri Department of Economic Development it will be spreading $15.8 million across 38 different community development projects across the state. The focus is to improve infrastructure such as damaged streets and drainage improvements, but the projects vary across the…
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Niagara Bottling LLC is considering buying a 637,368-square-foot speculative industrial building from VanTrust Real Estate, northwest of 112th Street and North Airworld Drive. The space would be used as a bottling facility specifically for flavored beverages. The Northland investment by…
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The Ohio-based majority owner of Town Center Plaza and Town Center Crossing mall properties has filed for Chapter 11 bankruptcy protection. Washington Prime Group, a real estate investment trust that owns about 100 malls nationwide, is in forbearance on a $23.2…
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Construction is beginning on a $36 million multi-sport facility north of the river. The complex, near Missouri Highway 152 and Platte Purchase Drive, will have ten synthetic turf fields to be used for soccer, football, baseball, softball and lacrosse. It will…
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Why has little attention been given to the rather sudden 3% exchange pullback for the dollar (versus the utilized basket of currencies)? During the past 12 months the cumulative dollar value drop has been over 10%! Currency exchange rates are…
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This past week the financial media highlighted one guru after another calling for a market correction to the tune of anywhere from 5% to 20%! They cited “peak earnings” comparisons, rising inflation data, and the inevitability of the Fed having…
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