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Months Elapsed: 5
Total Growth: 6.65%
Annualized Growth Rate: 16.70%
Distribution Yield (TTM): 3.13%
5 months down, 195 to go. I'm thankful that it's much like watching paint dry, at least so far. Definitely not looking for any drama here.
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
18 hours ago
6 comments:
Here is a chart you may find interesting:
https://cms.zerohedge.com/s3/files/inline-images/bfm8D46.jpg?itok=2vYgeaEa
It has your name written all over it ;-)
With surprises like that, we’ll be bound (and perhaps even gagged) to prosper!
Woohoo!
For what it is worth, I’m mostly in the transitory inflation camp going forward. I’m not bracing for 4% long-term Treasury bond yields anytime soon. The prosperity illusion could not survive it. *cringe*
Given the Fed’s aversion to deflation, I'm not looking for "transitory deflation" anytime soon. LOL
Rather I see wages being adjusted upwards in a very public way in a phoney attempt to meet inflation while at the same time hours will be reduced to those expected to perform the same amount of work. The latter will be done in a very private way.
And as you say, "sigh"
Higher paying jobs on the way!
https://www.google.com/amp/s/sacramento.cbslocal.com/2021/06/07/uc-davis-grape-picking-robots-california-vineyards/%3famp
“You need very skilled people to operate these machines,” Kurtural said. “Jobs in agriculture will be lost, but the jobs that remain are going to be better paying requiring more skill.”
Pay no attention to the jobs lost. The restaurant industry can absorb them.
https://1851franchise.com/could-robots-be-the-solution-to-the-restaurant-worker-shortage-2715949
"We’ve been struggling to find labor," Carlos Gazitua, CEO of Sergio's Restaurants, told NBC Miami. "Everyone is in the entire market, not just restaurants. And we had to see what we could do fishing from the same pond. Robots became a solution.”
Pay no attention to the jobs lost. The healthcare industry can absorb them.
https://www.google.com/amp/s/www.hindustantimes.com/trending/grace-the-healthcare-robot-set-to-relieve-burden-of-covid-frontline-workers-101623222492653-amp.html
Grace's resemblance to a healthcare professional and capacity for social interaction is aimed at relieving the burden of front-line hospital staff overwhelmed during the pandemic, said founder David Hanson.
Pay no attention to the jobs lost. Employers will always struggle to find more workers!
Bottom fishing for robots for the win!
https://www.nationalfisherman.com/national-international/fishbots-seafood-industry-invests-in-robotics
A Netherlands company called NewCold has partnered with Trident Seafoods to build one of the nation’s biggest cold storage warehouses outside of Tacoma, Wash. The companies call it “a solution for increased labor, land and energy costs.”
Seafood products will be stored on a robot-run system of tiered trollies and racks in low oxygen and in pitch dark, and then transported to the loading area by conveyors and worker-bots.
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