‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’

‘Oracle of Wall Street’ says boomers control the housing market, and their enormous equity will keep them in place — ‘There will be no quick fixes’

Baby boomers now own a majority of U.S. homes and have the financial means to stay where they are, keeping the housing market stuck for the foreseeable future, according to top Wall Street analyst Meredith Whitney. The CEO of Meredith Whitney Advisory Group, whose prediction of the Great Financial Crisis earned her the moniker “Oracle of Wall Street,”…

Read More
Chinese stocks: 90% of US investors set to increase exposure, Morgan Stanley says

Chinese stocks: 90% of US investors set to increase exposure, Morgan Stanley says

US investors are showing the highest level of interest in Chinese stocks in five years, and their return to China’s market is just “starting” despite some lingering reasons for caution, according to Morgan Stanley. More than 90 per cent of investors had “explicit willingness to increase their exposure to China’s market, the highest level since…

Read More
Is It a Sign to Buy or Abstain?

Is It a Sign to Buy or Abstain?

Since reporting the second quarter of 2025 earnings, Opendoor Technologies Inc. OPEN has trended upward 30.9% to date, outperforming the Zacks Internet – Software industry, the Zacks Computer and Technology sector and the S&P 500 index. Zacks Investment Research Image Source: Zacks Investment Research During the second quarter, the company reported an adjusted loss per…

Read More
Sino Land wins Tuen Mun land tender with HK$1 billion bid amid an improved housing market

Sino Land wins Tuen Mun land tender with HK$1 billion bid amid an improved housing market

The transaction, which marked the Hong Kong government’s first residential plot sale this financial year, involved a site at Hoi Chu Road in Tuen Mun, a district in proximity to Shenzhen Bay. “The sought-after site presents enormous potential,” Sino Land executive director Victor Tin said on Wednesday. “With beautiful sea views, proximity to the Greater…

Read More