John Gittelsohn

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Distress Mounts In U.S. Property Market Frozen By Pandemic

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Real estate transactions fell to one-third of their 2019 rate during the second quarter of 2020.

Pimco’s Roman Sees U.S. Inflation Remaining Low For Years

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Pimco’s CEO opined that “the days of inflation we remember are gone.”

Home Mortgage Delinquencies Soar By Most On Record In April

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Delinquencies on U.S. home loans surged by 1.6 million in April, the biggest one-month gain ever.

Loaded With Cash, Real Estate Buyers Wait For Sellers To Crack

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The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities.

Elon Musk Puts Two Homes On Market After Vow To Sell Most Possessions

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He’s seeking a combined $39.5 million for the Bel Air properties.

U.S. Pending Home Sales Plunge Most Since 2010 On Virus Fallout

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Pending home sales are leading indicators of housing activity.

Commercial Property Market Freezes: 'There's Widespread Panic'

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Buildings that bustled with diners, drinkers and shoppers just weeks ago have gone quiet.

Gundlach Says 'En Masse' Defaults Likely For Some Junk Issuers

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He also said the Trump administration’s stimulus plan may lead to graft and spur resentment against Wall Street.

Robinhood Maxed Out A Credit Line Last Month As Markets Fell

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Robinhood's outages are creating a crisis in confidence in the commission-free trading app.

Pimco's Fels Says Worst Is To Come With Recession Forecast

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Fels joins a growing number of analysts sounding alarms about the seriousness of the coming downturn.

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