State Of REITs: Recession To Recovery In 2025

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This article was written by Follow Alex Pettee is President and Director of Research and ETFs at Hoya Capital. Hoya manages institutional and individual portfolios of publicly traded real estate securities. Alex leads the investing group iREIT®+HOYA Capital. The service features a team of analysts focusing on real income-producing asset classes that offer the opportunity […]

Is It ‘Pretty Clear’ We’ve Avoided a Recession?

Is It 'Pretty Clear' We’ve Avoided a Recession?

In response to a media member, who at Wednesday’s post-, asked Jerome Powell if he thinks we’ve avoided the recession that everyone [read: the media and its obsession with the supposed negative indications of the former Yield Curve inversion] was talking about a couple of years ago, the chief replied without missing a beat. Not […]

Kiwi Craters as Deep Recession Fuels RBNZ Rate Cut Bets

Kiwi Craters as Deep Recession Fuels RBNZ Rate Cut Bets

New Zealand’s economy contracts 1% in Q3, following a revised 1.1% drop in Q2 Markets price a 91% chance of another 50bps RBNZ rate cut in February NZD/USD plunges over 2%, marking its largest drop since May 2023 Kiwi trades near .5600, with potential to revisit October 2022 lows at .5515 Summary New Zealand is […]

Sharp Slowdown Pushes New Zealand Into Recession

Sharp Slowdown Pushes New Zealand Into Recession

Text size RECASTS, ADDS union economist quote New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country’s currency tumbling and sparked political finger-pointing. The economy has for months teetered on the verge of recession, with consumer sentiment weighed by high […]

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

INQUIRER STOCK PHOTO Wellington, New Zealand — New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country’s currency tumbling and sparked political finger-pointing. The conservative coalition government defended its “respect for taxpayers’ money” as the opposition accused it of feeding […]

NZ recession and Federal Reserve rate cut sink Aussie dollar but show the RBA dodged a bullet

NZ recession and Federal Reserve rate cut sink Aussie dollar but show the RBA dodged a bullet

If you’re looking for a last-minute overseas summer getaway, New Zealand is looking increasingly attractive. While the Australian dollar plumbs a two-and-a-bit-year low against the US greenback and a four-and-a-half-year low against the British pound, we’re slightly up on the Kiwi dollar today. The reason? New Zealand has just dived back into recession. If Aussies […]

Liam Dann: Don’t panic about worse-than-expected recession

Liam Dann: Don’t panic about worse-than-expected recession

But we should remember that this is all history. The reporting of these numbers doesn’t change what we experienced during the year. The number of business closures, the number of jobs lost – these were what they were. The reality of life in 2024 doesn’t change. In fact, as Kiwibank senior economist Mary Jo Vergara […]

The Federal Reserve’s housing recession dilemma

The Federal Reserve's housing recession dilemma

They say housing leads the economy in and out of a recession. Currently, housing starts are back at the levels seen during the COVID-19 recession in 2020. Interestingly, employment for residential construction workers — typically one of the first areas to experience declines before a recession — has not yet seen its usual downturn. Several […]

Economy back in recession as GDP shrinks by 1%

Economy back in recession as GDP shrinks by 1%

Photo: RNZ / Rebekah Parsons-King Economy shrinks 1.0% in September quarter, -1.5% on year ago Contraction for two quarters in a row means a technical recession September quarter 2024 revised to a fall of 1.1%, but negative data of 2022/23 disappears Manufacturing industries slump, construction, business services weaker Agriculture, rental, real estate services higher The […]