REAL ESTATE NEWS
COMPANY NEWS
Kingsbarn Adds DST Expert to Lead Acquisitions and its Exclusive Managed-Direct Ownership® Program
Friday, February 12, 2021
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Friday, February 12, 2021
Kingsbarn Realty Capital Executes Sale-Leaseback Transaction With Texas Physicians Group
Thursday, February 11, 2021
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Thursday, February 11, 2021
WEEK AHEAD
As rising Treasury yields spook stock investors, March looms like a lion
After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb.
Indeed, February turned out to be a doozy, with benchmark bond yields, represented by the 10-year Treasury note TMUBMUSD10Y, 1.430% and the 30-year long bond TMUBMUSD10Y, 1.430%, ringing up their biggest monthly surges since 2016, according to Dow Jones Market Data.
The move was a stark reminder to investors that bonds, considered mundane and straight-laced by some investors, can wreak havoc on the market all the same.
DATA DECK FOR Mar 1 - Mar 5
| DATE | REPORT | IMPACT | FORECAST | PREVIOUS |
| Mar 1 | Final Manufacturing PMI | Medium | 58.5 | 58.5 |
| Mar 1 | Construction Spending m/m | Low | 0.7% | 1.0% |
| Mar 1 | ISM Manufacturing PMI | High | 58.7 | 58.7 |
| Mar 1 | ISM Manufacturing Prices | Low | 80.0 | 82.1 |
| Mar 2 | IBD/TIPP Economic Optimism | Low | 52.1 | 51.9 |
| Mar 2 | Wards Total Vehicle Sales | Low | 16.4M | 16.6M |
| Mar 3 | ADP Non-Farm Employment Change | Medium | 203K | 174K |
| Mar 3 | Final Services PMI | Low | 58.9 | 58.9 |
| Mar 3 | ISM Services PMI | Medium | 58.7 | 58.7 |
| Mar 3 | Crude Oil Inventories | Medium | 1.3M | |
| Mar 4 | Challenger Job Cuts y/y | Low | 17.4% | |
| Mar 4 | Unemployment Claims | Low | 747K | 730K |
| Mar 4 | Revised Nonfarm Productivity q/q | Low | -4.7% | -4.8% |
| Mar 4 | Revised Unit Labor Costs q/q | Low | 6.7% | 6.8% |
| Mar 4 | Factory Orders m/m | Low | 2.2% | 1.1% |
| Mar 4 | Natural Gas Storage | Low | -338B | |
| Mar 5 | Non-Farm Employment Change | High | 133K | 49K |
| Mar 5 | Unemployment Rate | High | 6.4% | 6.3% |
| Mar 5 | Average Hourly Earnings m/m | High | 0.2% | 0.2% |
| Mar 5 | Trade Balance | Low | -67.5B | -66.6B |
| Mar 5 | Consumer Credit m/m | Low | 13.5B | 9.7B |