POPULARITY
Categories
156 episodes with ISM
258 episodes with ISM
95 episodes with ISM
87 episodes with ISM
77 episodes with ISM
32 episodes with ISM
48 episodes with ISM
23 episodes with ISM
29 episodes with ISM
25 episodes with ISM
23 episodes with ISM
9 episodes with ISM
17 episodes with ISM
25 episodes with ISM
18 episodes with ISM
29 episodes with ISM
37 episodes with ISM
10 episodes with ISM
18 episodes with ISM
20 episodes with ISM
14 episodes with ISM
11 episodes with ISM
14 episodes with ISM
13 episodes with ISM
6 episodes with ISM
13 episodes with ISM
6 episodes with ISM
16 episodes with ISM
14 episodes with ISM
6 episodes with ISM
114 episodes with ISM
5 episodes with ISM
6 episodes with ISM
10 episodes with ISM
10 episodes with ISM
5 episodes with ISM
3 episodes with ISM
3 episodes with ISM
3 episodes with ISM
93 episodes with ISM
6 episodes with ISM
9 episodes with ISM
5 episodes with ISM
4 episodes with ISM
4 episodes with ISM
4 episodes with ISM
8 episodes with ISM
74 episodes with ISM
3 episodes with ISM
4 episodes with ISM
4 episodes with ISM
68 episodes with ISM
68 episodes with ISM
5 episodes with ISM
Felsóhajthatnak a Windows 10-et használók 6G labort nyitott az Ericsson Budapesten "Előkerült a telefonod" – így lopják el a fiókodat is az iPhone tolvajok Ismét megjelent a Nap irányába mutató csóva a 3I/Atlas körül Hidrogénmeghajtás a repülésben – magyar kutatók írják a légiközlekedés jövőjét Gyér színvonalon kommunikálunk egymással a közösségi médiában, így agyrothadás fenyegeti a nagy nyelvi modelleket Hatalmas napkitörés érte el a Földet: komolyan hat ránk, de van pár tipp amivel elkerülhetjük a nagyobb bajt Antibiotikumokkal és vírusokkal a szuperbaktériumok ellen Több mint 300 000 kilométernyi római út rajzolja újra a birodalom térképét Jövőre törhet ki az Amerika partjainál rejtőző víz alatti vulkán Kozmikus ütközés miatt az űrben ragadtak az asztronauták Felmérés: az emberek többsége nem tudja megkülönböztetni az MI által komponált zenét az emberitől Megérkezett a GPT-5.1: jobb, gyorsabb, személyre szabhatóbb Pert indított a Google kínai hackerek ellen, akik adatlopáshoz kínáltak eszközöket A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Felsóhajthatnak a Windows 10-et használók 6G labort nyitott az Ericsson Budapesten "Előkerült a telefonod" – így lopják el a fiókodat is az iPhone tolvajok Ismét megjelent a Nap irányába mutató csóva a 3I/Atlas körül Hidrogénmeghajtás a repülésben – magyar kutatók írják a légiközlekedés jövőjét Gyér színvonalon kommunikálunk egymással a közösségi médiában, így agyrothadás fenyegeti a nagy nyelvi modelleket Hatalmas napkitörés érte el a Földet: komolyan hat ránk, de van pár tipp amivel elkerülhetjük a nagyobb bajt Antibiotikumokkal és vírusokkal a szuperbaktériumok ellen Több mint 300 000 kilométernyi római út rajzolja újra a birodalom térképét Jövőre törhet ki az Amerika partjainál rejtőző víz alatti vulkán Kozmikus ütközés miatt az űrben ragadtak az asztronauták Felmérés: az emberek többsége nem tudja megkülönböztetni az MI által komponált zenét az emberitől Megérkezett a GPT-5.1: jobb, gyorsabb, személyre szabhatóbb Pert indított a Google kínai hackerek ellen, akik adatlopáshoz kínáltak eszközöket A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Host Dick Donahue talks about capitalism vs socialism, October's ISM manufacturing index, and 22 million Americans living on Social Security alone.
Hamarosan kisebb lesz Magyarország, egy kis terület Szlovákiához kerülhet egy természeti jelenség miatt 10 híres magyar tudós, aki nagy hatással volt a történelem és a tudományos ismereteink alakulására Ne tudja már Józsi jobban a sarki kocsmában, melyik vakcina a jó Ismét Budapest lesz Közép-Európa technológiai fővárosa Fura indokkal csapta le a YouTube a Windows 11 kicselezését segítő videókat Ismét nagy dobásra készül a DJI novemberben Mesterséges méh mentheti meg a koraszülötteket Na ne! Megint elhalasztották a GTA 6 megjelenését Olyan lesz a Google Térkép, mint a segítőkész haver az anyósülésen Így akarják ellopni a pénzét - Friss trükkök Jensen Huang Kínát látja az MI-háború győztesének Az Sap segíti a fejlesztőket, hogy a mesterséges intelligencia forradalom élére állhassanak Az Apple a Google Gemini egyedi verzióját használja majd a Siri mesterséges intelligenciájához „Teljes igazság” a Grokipedia? – Sortűz várta Elon Musk AI-alapú enciklopédiáját A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Magyar Péter Orbán washingtoni útjáról: A magyar történelem bebizonyította, hogy a hintapolitika nem működik Vádat emelhetnek a Pécs Pride szervezője ellen Orbán Viktor Washingtonból üzent a magyaroknak: Aztán jött Donald Trump, és kimondta, hogy igazunk van Hatalmas lehetőség kapujában Szoboszlai Dominik Fokozódik a nyomás Orbán Viktoron: amerikai szenátorok szólították fel, hogy váljon le az orosz olajról Orbán 7000 milliárd forintos ígérettel venné meg Trump jóindulatát és a reményt Legalább tízéves hidegháború jön Európa és Oroszország között Putyin egyik legfőbb ellensége szerint Gigaberuházást lengetett be Nagy Márton: új kínai autógyár jöhet Magyarországra Orbán–Trump-csúcs: amerikai vadászgépek válthatják a Gripeneket? Kulcsfontosságú katonai kérdések dőlhetnek el Megüzenték Trumpék: nem érdemes az oroszokkal bizniszelni Kijev Budapest válaszára vár az új ukrán nyelvtörvénnyel kapcsolatban Ismét Szoboszlait méltatta a Liverpool edzője: A saját szintjét is túlszárnyalta Alcaraz és Djokovics csoportbeosztása is kiderült az ATP-világbajnokság előtt Hétvégére komoly fordulatot vesz időjárásunk, tervezhetünk azért szabadtéri programot? A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Hamarosan kisebb lesz Magyarország, egy kis terület Szlovákiához kerülhet egy természeti jelenség miatt 10 híres magyar tudós, aki nagy hatással volt a történelem és a tudományos ismereteink alakulására Ne tudja már Józsi jobban a sarki kocsmában, melyik vakcina a jó Ismét Budapest lesz Közép-Európa technológiai fővárosa Fura indokkal csapta le a YouTube a Windows 11 kicselezését segítő videókat Ismét nagy dobásra készül a DJI novemberben Mesterséges méh mentheti meg a koraszülötteket Na ne! Megint elhalasztották a GTA 6 megjelenését Olyan lesz a Google Térkép, mint a segítőkész haver az anyósülésen Így akarják ellopni a pénzét - Friss trükkök Jensen Huang Kínát látja az MI-háború győztesének Az Sap segíti a fejlesztőket, hogy a mesterséges intelligencia forradalom élére állhassanak Az Apple a Google Gemini egyedi verzióját használja majd a Siri mesterséges intelligenciájához „Teljes igazság” a Grokipedia? – Sortűz várta Elon Musk AI-alapú enciklopédiáját A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Magyar Péter Orbán washingtoni útjáról: A magyar történelem bebizonyította, hogy a hintapolitika nem működik Vádat emelhetnek a Pécs Pride szervezője ellen Orbán Viktor Washingtonból üzent a magyaroknak: Aztán jött Donald Trump, és kimondta, hogy igazunk van Hatalmas lehetőség kapujában Szoboszlai Dominik Fokozódik a nyomás Orbán Viktoron: amerikai szenátorok szólították fel, hogy váljon le az orosz olajról Orbán 7000 milliárd forintos ígérettel venné meg Trump jóindulatát és a reményt Legalább tízéves hidegháború jön Európa és Oroszország között Putyin egyik legfőbb ellensége szerint Gigaberuházást lengetett be Nagy Márton: új kínai autógyár jöhet Magyarországra Orbán–Trump-csúcs: amerikai vadászgépek válthatják a Gripeneket? Kulcsfontosságú katonai kérdések dőlhetnek el Megüzenték Trumpék: nem érdemes az oroszokkal bizniszelni Kijev Budapest válaszára vár az új ukrán nyelvtörvénnyel kapcsolatban Ismét Szoboszlait méltatta a Liverpool edzője: A saját szintjét is túlszárnyalta Alcaraz és Djokovics csoportbeosztása is kiderült az ATP-világbajnokság előtt Hétvégére komoly fordulatot vesz időjárásunk, tervezhetünk azért szabadtéri programot? A további adásainkat keresd a podcast.hirstart.hu oldalunkon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
US, European and Asian markets have all reacted positively to news in the US yesterday. Private payrolls and ISM data revealed that the economy is more resilient than had been feared. Advanced Micro Devices' Q3 earnings beat expectations, and their tide lifted other AI boats globally. And the Supreme Court hinted that it may well place limits on President Trump's tariffs, although we'll have to wait a while for any decision there. Our Head of Next Generation Research, Carsten Menke, provides insights into the rollercoaster ride that copper has been on recently, sharing his thoughts on what might come next.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:28) - Markets wrap-up: Bernadette Anderko, Product & Investment Content (06:58) - Copper: Carsten Menke, Head of Next Generation Research (11:05) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
Copom mantém taxa Selic em 15,00%. ADP e ISM dos EUA trazem resultados favoráveis.
Par contre, côté sens de l'humour, on frôle le génie comique. Dans cet épisode du Morningbull Live, on revient sur une journée typique de Wall Street, ce grand théâtre où tout le monde panique le mardi, oublie tout le mercredi, rachète comme des malades le jeudi, et termine convaincu que l'IA va régler la paix dans le monde d'ici lundi prochain. Au programme du jour : – Michael Burry transformé en croque-mitaine des marchés, puis oublié plus vite qu'un mot de passe Amazon ; – Trump qui joue à la pétanque avec la Constitution et ses tarifs douaniers ; – La Cour Suprême qui commence à se dire que, peut-être, éventuellement, tout ça ne ressemble pas vraiment à une stratégie économique ; – Des chiffres économiques servis façon “tout et son contraire” — mais tant que ça monte, hein… ; – Et un OpenAI qui vient carrément demander au gouvernement US… de garantir ses emprunts. Oui. L'entreprise qui construit des super-cerveaux veut que vous, contribuables, soyez leur caution. On nage dans la poésie. Bref : un condensé de tout ce que les marchés font de mieux… C'est-à-dire n'importe quoi. Si tu veux comprendre pourquoi tout part en vrille tout en gardant le sourire, tu es au bon endroit. Installe-toi. Respire. Et surtout… attache ta ceinture.
US equities were higher in Wednesday trading, though stocks ended off best levels in a late afternoon slide, with the Dow Jones, S&P500, and Nasdaq closing up 48bps, 37bps, and 65bps respectively following Tuesday's big decline. Some note of some skepticism from SCOTUS in today's oral arguments in the IEEPA tariff case. October's ADP private payrolls printed at 42K, above consensus, and ISM services came in at 52.4, well ahead of consensus and September's read, hitting its highest headline since February.
European bourses are entirely in the red; US equity futures mixed, with the NQ continuing to underperform whilst the RTY takes a breather.Recent USD rally pauses for breath ahead of ADP and ISM services.USTs are contained into a packed agenda, Gilts continue to ease from Tuesday's best.Commodities rebound following Tuesday's risk-off sell-off.Looking ahead, highlights include US Final PMI, US ADP, US ISM Services PMI, NBP & BCB Policy Announcements, US Supreme Court Tariff hearing begins, Speakers including BoE's Breeden, BoC's Macklem & Rogers, US QRA. Earnings from AMC, Arm, Snap & McDonald's.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
In this week's Bible study, we go through Leviticus chapters 21 & 22. We are still in the ‘Holiness Code' this week looking at regulations for the priests themselves on how to remain holy. Included we look at how a priest might become defiled by death (the mourning process for the dead), as well as the sacred offerings. We will also talk about the restrictions and regulations on the priests and the animals that were to be offered to the Lord. Lots to talk about as we dig deep into the Old Testament.Outline: 00:09 - The Holiness Code - rules and regulations that are intended to set Israel apart. Lev 18.3-6, “you must not do as they do in Egypt, where you used to live, and you must not do as they do in the land of Canaan, where I am bringing you. Do not follow their practices. You must obey my laws and be careful to folow my decrees. I am the Lord your God.”Lev 19.1-2, “The Lord said to Moses, speak to the entire assembly of Israel and say to them: ‘Be holy because I, the Lord your God am holy.”BE SET APART.03:00 - Leviticus 22.1-3 - What are The Sacred Offerings?Leviticus 1-7 outlines the major offerings the Israelites could bring before the Lord in the Tabernacle. Included in each is provision for the priest and his family. The Burnt offering, Lev 7.8 - the priest may keep the hide. The Grain offering, Lev 2.3, 10; 6.16, 18; 7.9-10 - after a portion is burned as a “most holy” offering to the Lord, the rest is kept for the priest and his family. The Fellowship (or peace) offering, Lev 7.31-34 - a portion belongs to the Lord, then the breast and right thigh belong to the priest - the rest belongs to the offerer to eat in fellowship with their family. The Sin (or purification) offering, Lev 5.13, 6:26, 29 & 7.7 - a portion for the priest to be eaten. The Guilt (or restitution) offering, Lev 7.6-7 - same rules as the sin offering.07:38 - Leviticus 21.1-6 - Priests must avoid becoming ceremonially unclean for the dead.13:08 - Application of Lev 21.1-6 for us today. Do not let yourselves become defiled. Bible verses mentioned: 1 Pet 2.9-10; Gal 5.19-2; Mat 28.19-20 and Mat 7.5.19:04 - Physical Standards of the priests. Leviticus 21.7-9 - No wives defiled by prostitution or by divorce. Leviticus 21.10-15 - specifically has standards for the High Priest.23:08 - Leviticus 21.16-24 no one with physical handicaps can “offer the food of his God.” - v6 as well - the food offerings to the Lord.25:53 - Leviticus 22.1-8 - Clean and unclean27:52 - Leviticus 22.9 - Respect the offering. This reminds us of Nadab and Abihu of Lev 10 and their using “unauthorized fire.”29:18 - Leviticus 22.10-16 - Restricted distributions. No one outside the priest's family may eat the sacred offerings30:49 - Leviticus 22.17-33 - Unacceptable Sacrifices. Animals used for the offerings must be unblemished - without defect - similar to the disqualifications for descendants of Aaron who can not be priests - blind, lame, deformed, or with bad testicles.Exodus 12.5 - The passover lamb must be WITHOUT defect. Jesus was the complete fulfilment of the Law - I have not come to abolish the law but to fulfill it. Jesus is our passover lamb. Biblical references: 1 Peter 1.18-19; John 1.29; Matthew 5.17-20; Ephesians 2.8-940:39 - Closing Questions: 1. Do you let yourself become defiled by sin? 2. Does your outward appearance earn you favor with God? 3. Can you make God love you any more? Can you make God love you less? Homework: Read Rom 3.10-31 Support Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD
ADP de outubro sai às 10h15, com expectativa de +30 mil vagas, e ISM de Serviços às 12h, com projeção de leve alta.
Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with the good bits of news which seem to dominate today are in fact masking some less-than-good trends nested within them.First up, US ADP employment report on private payrolls for October reported a +42,000 rise in filled jobs, much better than the -29,000 shedding in September and also better than the expected +25,000 gain observers had thought. They also reported that pay growth has been largely flat for more than a year. However the October jobs gains are all concentrated in California and the other two Pacific states. Without their +37,000 gain, things would look rather somber - which is what the rest of the country faces. This survey does not cover public sector employees and of course that is currently very negative given Trump's shutdown.And we should note that this Federal government shutdown is now the longest in US history, and now longer than his first 2018-19 one.And we should also note that oral arguments are being heard in the US Supreme Court's review of the legality of the Trump tariffs. Given the stacked nature of the court, no-one really expects them to rule the Trump actions as 'illegal', but there was a surprising amount of sceptical questioning around the legal basis earlier today.US mortgage applications fell -1.9% last week from the prior week, the fifth decrease in the past six weeks.In a notable contrast to the weak factory sector, the giant American services sector expanded faster in October according to the ISM services PMI. It rose more than expected to its best level since February, putting its September stall behind it. But forward looking sentiment isn't strong, with these firms still contracting workforce levels, and frustration at the level of tariff-taxes they have to bear.Meanwhile, American household debt rose by +US$197 bln in Q3-2025 from the prior quarter to a new record high of almost US$$18.6 tln and up +4.4% from a year earlier. Mortgage balances grew by +US$137 bln and credit card balances rose by US$$24 bln in the quarter. These shifts are being considered 'steady' rather than indicating added riskAcross the Pacific in China, the private S&P Global services PMI has remained modestly expansionary in October, and still better than the official version. The sector continues supported by a faster rise in overall new business, although export sales fell modestly. Meanwhile, 'efficiency' drives led to staffing levels reducing in part due to cost concerns. Despite higher input prices, output charges fell fractionally, while business confidence regarding the year ahead softened.In Europe, Germany reported a rise in factory orders in September from the prior month, however that still leaves than -4.4% lower than year-ago levels. They will be encouraged by the recent uptick, which was better than expected. The new order uptick in the car, electrical and transportation sectors were particularly encouraging.Sweden's central bank kept its policy rate unchanged at 1.75% at its October meeting, as widely anticipated. Tonight the Norwegians will review their 4% rate too, and they aren't expected to make any changes either.The UST 10yr yield is now at 4.15%, up +7 bps from yesterday at this time. The price of gold will start today at US$3982/oz, up +US$14 from this time yesterday.American oil prices are -50 USc lower from yesterday at just under US$60/bbl, with the international Brent price now just under US$64/bbl.The Kiwi dollar is now at just under 56.6 USc, and down -10 bps from yesterday. Against the Aussie we are down -20 bps at 87 AUc. Against the euro we are unchanged at 49.3 euro cents. That all means our TWI-5 starts today at just under 61.3 and only marginally softer from yesterday.The bitcoin price starts today at US$103,811 and recovering +1.1% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.2%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
ADP de outubro sai às 10h15, com expectativa de +30 mil vagas, e ISM de Serviços às 12h, com projeção de leve alta.
Tras apertura sin casi movimiento, los índices ya parece que se inclinan por el rebote. Subidas en Wall Street y Nasdaq que han invitado a Europa a salir de unos números rojos dominantes en la jornada. No hubo reacción en mercado a la encuesta ADP de empleo privado. Algo más de movimiento tras el PMI de Servicios del ISM. Sube a 52,4 puntos desde los 50 de septiembre, por encima de las expectativas, y marcando la mayor expansión del sector terciario desde febrero. Pese a que el componente de empleo sigue algo débil, los rendimientos suben y bajan algo probabilidad de recortes de tipos de interés por parte de la Fed. Analizamos el mercado con Víctor Peiro, de GVC Gaesco. Y, como todos los miércoles, hablamos de productos cotizados con Societe Generale.
The Dow Jones Industrial Average gained 225.76 points, or 0.48%, to close at 47,311.00. The S&P 500 rose 0.37% to finish at 6,796.29, while the Nasdaq Composite advanced 0.65% to settle at 23,499.80. Investors were paying attention to the Supreme Court hearing Wednesday regarding President Donald Trump's tariffs. Some encouraging data on the economy Wednesday with better-than-expected ADP payrolls data and a stronger-than-expected ISM services economy reading. However, the strong data did give a boost to yields, something that some investors may not like to see with expectations growing for a third Federal Reserve rate cut in December.COMMODITIESBeijing lifts some tariffs on US farm goods but soybeans stay costlyUnprecedented volume of oil stored on ships due to Western sanctions, Gunvor CEO saysGold gains on risk aversion despite strong US payrolls dataDalian iron ore extends falls on China demand concernsCopper rises after four days of falls, but China demand worries cap gainsSPI up 66 - NAB results and AGM season continues.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services. Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.
In this episode of the RiskReversal Podcast, Guy Adami and Liz Thomas delve into various market trends and economic indicators. They discuss the OpenAI and Amazon cloud compute agreement, CapEx spending, and the ISM manufacturing index's recent performance. Moreover, they analyze the bond market's reaction to economic data and the Federal Reserve's policies. The conversation also covers the underperformance of Bitcoin, the housing market's challenges, and the gold market's fluctuations. The episode concludes with insights into Warren Buffett's cash holdings at Berkshire Hathaway and a sports commentary on the recent Green Bay Packers game. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
US equities were mixed in Monday trading. Stocks didn't do much as the market dealt with a number of moving pieces. In macro news, October's ISM manufacturing missed, with the production index falling into contraction territory.
Entre para o Grupo Vip da Maior Black Friday da História da Levante:https://lvnt.app/jvtu2p03/11 - IBOV 150 mil e Marcopolo -10% Comprar?Olá, sejam bem-vindo a mais um Fechamento de Mercado, comigo Flávio e Ricardo, hoje é 2a. feira, dia 3 de novembro, e o programa de hoje é dedicado aos 3 mil investidores que já assistiram o Mata-Mata “WEG (WEGE3): Comprar, Manter ou Vender?” Se vc não assistiu, vá lá e assista porque está imperdívelO Ibovespa fechou em alta de cerca de 0,47%, aos 150.236 pontos, maior pontuação de fechamento da história, com 25% de alta ano, e volume bom de R$ 20 bi, na média das segundas de mercado em alta, reflete “o otimismo dos investidores diante de um cenário externo mais favorável e do bom desempenho das ações da Petrobras (PETR4), que avançaram após o anúncio de um novo programa de desligamento voluntário (PDV)”. Nos EUA, o índice ISM veio abaixo do esperado, registrando a oitava queda consecutiva, “enquanto os PMIs da China e da Europa surpreenderam positivamente, impulsionando os mercados emergentes”. No cenário interno, “o mercado antecipa um ciclo de corte de juros, reforçado por um Boletim Focus que sinaliza efeitos da política monetária. Com o Copom se reunindo na quarta-feira, o clima é de otimismo, especialmente em torno da ata, que poderá trazer maior clareza sobre o ritmo e a quando teremos os próximos cortes na Selic”. Porém, isso pode não acontecer e a bolsa cair na quinta-feira.O dólar comercial, depois da baixa de sexta, caiu de novo, agora -0,42%, a R$ 5,357. O dólar se apegou ao exterior hoje, onde a moeda norte-americana caía ante divisas pares do real como o peso mexicano e o peso chileno. Os juros longos, como era de se esperar, subiram um pouco com o Tesouro Prefixado 2032 para 13,63% de 13,59% ao ano, na sexta. O IPCA+ 2029 avançou para 7,95% de 7,90%.Veja recomendações de compra de ações do Conde e Ricardo no vídeo de Fechamento de hoje
Efter seks måneder i træk med stigninger på de globale aktiemarkeder ser november ud til at starte i samme spor. På det seneste har fremgangen dog i høj grad været centreret hos tech-giganterne. I denne uges Finansbrief er særligt USA i fokus med ISM'erne som de vigtigste nøgletal, men vi holder også øje med en række Fed-taler og høringen i den amerikanske højesteret om lovligheden af Trumps toldforhøjelser.Vigtig investorinformation
Send us a textDollar extends gains following hawkish Fed decision. Amid ongoing US shutdown, ADP and ISM reports enter the spotlight. Yen and pound stay wounded due to dovish BoJ and BoE bets. Stocks gain, gold rebounds, oil opens with positive gap on OPEC decision.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD
Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with mixed news about how the world's factories are faring.First up today we need to report that the closely watched US ISM factory PMI undershot expectations, and those expectations were for a contraction anyway. Weak new order flows and production levels were behind the dour result. They say almost every component is contracting, and that customers are letting their inventories shrink. Costs and prices are rising however, although at a slower pace. They are being held up by own-goal tariff-taxes.It was a data report that took the wind right out of Wall Street's Monday session.But that is just one view. The alternate S&P Global factory PMI records an expansion in the sector, although it agrees that costs and prices are rising faster than normal. Both surveys noted that employment in the sector has stopped expanding.The Canadian factory PMI, which has been negative all year, seems to have stabilised. To be accurate, it is still contracting, but is back on the cusp of stabilisation, which they haven't had in 2025 so far.Likewise, the overall EU factory PMI is 'stable', neither expanding nor contracting overall. Germany and France are recording small contractions but less than previously, while there are expansions in Spain and the Netherlands. Greece again recorded the strongest expansion among EU members.In China, their factory sector is still expanding, although at a slower pace, according to the S&P Global (RatingDog) private factory PMI. New orders from domestic customers rose, but new export orders fell at their fastest pace since May. The similar official survey had this sector contracting.And the same S&P Global factory PMIs for Taiwan, Korea and Malaysia all contracted, even if only slightly. But this measure for Indonesia turned more positive. In Vietnam the upturn was sharp, hitting a 15 month high.But the S&P Global factory PMI for Australia is sounding a bit more of a warning for October. It recorded its first fall in manufacturing output in four months driven by the fastest retreat in new orders since December 2024. Employment headcounts declined for the first time since February.Staying in Australia, there was more evidence of higher & rising inflation, although this data isn't really sounding warning bells. The Melbourne Institute Monthly Inflation Gauge recorded an increase in monthly inflation for October, primarily influenced by higher recreation and housing related prices. The monthly cost of living also rose. Annual headline inflation as recorded by the Inflation Gauge is slightly above the top-end of the RBA's 2-3% target band.Australia also released September residential building consent data today and it jumped +12% from August, up +15% from September a year ago. This activity has been particularly volatile over the past few months, so the September surge is actually more just a recovery rather than a serious push higher. Much of their recent gains are for townhouses and apartments. The most impressive gains are in Victoria where a real resurgence seems to be underway (despite the ugly union-mafia (CFMEU) control of their building trades).Job ads fell -2.2% in October from September in the ANZ-Indeed tracking, following a revised -3.5% drop in the previous month. This marked the fourth straight monthly decline, reinforcing signs of a loosening labour market despite elevated inflation.So it will be no surprise to know that household spending in Australia is rising only at about the rate of [household] inflation.And it will be inflation's rise that will be at the heart of what analysts will be looking at in this afternoon's RBA rate review. Markets don't expect any change in the 3.6% cash rate target, but they do want to see how the central bank plans to tackle the resurgent inflation threat.Globally, we should note that the twelve member CPTPP is about to grow again. Costa Rica is in the final stages of joining. And now the Philippines and the UAE have applied, which will take this group up to fifteen members. It seems multilateralism is far from dead, even a group like this with relatively high labour and environmental standards. In the background there are always rumours that China wishes to join too, although that never materialises. They prefer their own captive 15-country RCEP and its lower standards. Seven countries are members of both, including Australia and New ZealandThe UST 10yr yield is now at 4.11%, up +1 bps from yesterday at this time.The price of gold will start today at US$4007/oz, up +US$6 from this time yesterday.American oil prices are +50 USc firmer from yesterday at just under US$61.50/bbl, with the international Brent price now just over US$65/bbl.The Kiwi dollar is now at just under 57.1 USc, and down almost -20 bps from yesterday. Against the Aussie we are down more than -10 bps at 87.3 AUc. Against the euro we are also down -20 bps at 49.5 euro cents. That all means our TWI-5 starts today at just under 61.7 and down -10 bps from yesterday.The bitcoin price starts today at US$106,767 and down a full -3.0% from this time yesterday. Volatility over the past 24 hours has been moderate at just on +/- 2.4%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
Israel was a covenant nation under God. As a people, they were to be Holy, set apart, and these are the rules He has established, including the consequences for breaking those rules.02:32 - clarification on a point made in last week's study (Leviticus 19.12-37) dealing with immigration in the United States and not “mistreating the foreigner residing among us” - Lev 19.33-34.03:22 - what is the two-fold sense of scripture?06:50 - Do we have to follow all of the laws that are outlined in Leviticus?06:50 - What are the different kinds of laws in Leviticus and which should we follow today? Moral Laws - These laws are timeless and should be followed today. These laws reflect God's character. Each of the laws that qualify as a “moral law” is reaffirmed and restated in the New Testament. A few examples of these types of laws include: Idolatry - 1 Cor 6.9-10; 10.14; Adultery - Matt 5.27-28; and Sexual immorality - 1 Cor 6.18, 1 Thes 4.3, Eph 5.3 and Gal 5.Ceremonial Laws - These laws symbolize separation from paganism and are not binding for today but are useful for understanding holiness (being set apart). Examples of these laws include eating clean and unclean animals and how an Israelite was to cut their hair (Lev 19.28). We are not called to follow these laws today. Here are a few New Testament perspectives on these laws: Mat 15.10-11 and Rom 14.14-18.Civil/Judicial Laws - These are laws related to the governance of the Theocracy of Israel in its day. These laws include punishments such as stoning and burning, as well as being isolated from the community. An example of this is the punishment for adultery (as stated in Lev 20.10) of stoning. John 8.1-11 shows Jesus' perspective on this punishment. See also 1 Peter 2.11-17 and Galatians 520:42 - Leviticus 20.1-5 - Child Sacrifices to Molek. Included in this discussion are Bible verses: Lev 18.21 as well as Deu 12.31, 18.10; Jer 7.31, 32.35 and 2 Kings 16.3, 21.6. Watch the full video on Leviticus 18: https://youtu.be/UZ_fjQI65o823:14 - Leviticus 20.6 & 27 - Spiritists and mediums. Included in this discussion are Bible verses: Lev 19.26 & .31, as well as Eph 6.12.24:30 - Leviticus 20.7-8 & 22-24 - Consecrate yourselves and be holy. God calls the Israelites to be set apart, as he does for us today as well. Bible verses discussed: Exo 3.8 and Gen 15.16.28:28 - Leviticus 20.9 - Cursing father or Mother. We covered this when we spoke on Lev 19.3. Also mentioned are Bible verses: Ex 20.12, Eph 6.2-3 and Pro 1.8; 6.20; 23.22. Watch the Lev 19 video: https://youtu.be/ATXH9Y7fp4829:15 - Leviticus 20.10-21 - Punishments for Sexual Immorality. Watch the video on Leviticus 18, as we cover these topics in-depth: https://youtu.be/UZ_fjQI65o834:18 - Leviticus 20.25-26 - Clean and unclean animals. Included Bible verses in this discussion Lev 11, Acts 11.4-18 and Mark 7.14-19. Watch the full Leviticus 11 video: https://youtu.be/fjzhjBUuLpo37:32 - Closing questions:Are you able to love your neighbor despite their political perspectives?How can you show Christ's love to someone you don't agree with or who is an enemy? Support Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD
Roadblocks? Principalities? Ism's, schism's and drama? The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation on the “Let's Be Blunt With the Rev" podcast. Books written by The Rev “Overcoming Principalities” Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do! "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.
Ismét eljött az El Clásico hétvégéje! A két csapat mondjuk valószínűleg legszívesebben máskor játszaná a nagy meccset, mert a Barcelona és a Real Madrid is tele van sérültekkel. A két legveszélyesebb játékos, Lamine Yamal és Kylian Mbappé viszont ott lesz, úgyhogy a tavalyi őrült Clásicók után idén is izgalmas meccsnek nézünk elébe. Olaszországban a Napoli-Inter rangadó szintén teljesen háromesélyes, de az Internek a hétközben 6-2-es vereséget szenvedő címvédőt jó esélye van most legyőzni. Küzdeni az Arsenal is fog a Crystal Palace ellen, de akármilyen nehéz is lesz, nyerniük kell. A Bayern Münchennek ezzel szemben nem valószínű, hogy nehéz dolga lesz: az egyelőre tökutolsó, zuhanásban lévő Mönchengladbach vendégei lesznek. Hogy mit gondolunk mindezekről? Kiderül a legújabb PREurópa Leakből!A mikrofonokat és podcast keverőnket a Relacart és az AV365.hu biztosította.
In this study we finish up our study of Leviticus 19, looking at such subjects as:swearing in God's name, misusing the name of the Lord, perverting justice, rebuking friends, loving your neighbor as yourself, slavery, the occult, and avoiding pagan practices including self mutilation (cutting) and tattooing. Lots to talk about!Outline: 02:18 - Reading of Levitics 19.1-2 and 12-37.06:59 - Leviticus 19.12 - “Do not swear falsely by my name and so profane the name of your God.”Matt 5.33-37 and Deut 23.21-23, Ecc 5.4-5. Ex 20.7 - (3rd Commandment)12:34 - Leviticus 19.14 - “Do not curse the deaf or put a stumbling block in front of the blind.” Deut 27.18 and Mat 25.31-40.15:33 - Leviticus 19.15, “Do not pervert justice, do not show partiality to the poor or favoritism to the great, but judge your neighbor fairly.” Exo 23.1-3, Deut 1.17 and Deut 16.19.18:21 - Leviticus 19.17b, “Rebuke your neighbor frankly so you will not share in their guilt.” Mat 18.15 and Gal 6.121:55 - Leviticus 19.16-18, - Love your neighbor as yourself. Mat 22.34-40 and Luke 10.25-37 (parable of the good Samaritan) “Who is my neighbor?” Rom 13.924:27 - Leviticus 19.19 - “Keep my decrees, do not mate different kinds of animals, do not plant your field with two kinds of seed. Do not wear clothing woven of two kinds of material.”26:42 - Leviticus 19.20-22 - Slavery. Exodus 21:7-11 and Mark 10.42-4530:48 - Leviticus 19.23-25 - Rest your Fields33:58 - Leviticus 19.26a - Do not eat meat w/ blood in it. Lev 17.11-12You can watch the video: https://youtu.be/o9XqaHbxxNU35:10 - Leviticus 19.26b & 31a - Do not turn to the occult. Deut 18:10-12; Eph 6.12Frank Peretti - “This Present Darkness.”CS Lewis - Screwtape lettersNefarious - 2023 film by Cary Solomon, Chuck Konzelman40:25 - Leviticus 19.27 & 28 - Avoid pagan practices. Lev 18:3, “You must not do as they do in Egypt, where you used to live, and you must not do as they do in the land of Canaan, where I am bringing you. Do not follow their practices.” Do not cut your hair at the sides of your head, or clip off the edges of your beard. I am the Lord.Cutting your bodies: Deut 14.1 (no cuttings when in mourning). Tattoos - only verse in the Bible that specifically speaks of no tattoos. 1 Cor 6.19-20 and Rev 19.1647:42 - Leviticus 19.29 - Prostitution48:50 - Leviticus 19.30 - Observe my sabbaths. We covered this with verse 3 last week.48:59 - Leviticus 19.32 - Show respect for the elderlyBible Verses: Prov 20.29 and 1 Tim 5.1-249:59 - Leviticus 19.33-34 - Do not mistreat the Foreigner. Bible verses mentioned: Lev 25.35; Exo 22.21; 23.9, and Deut 10.19At the base of the Statue of Liberty is written this poem, called “the New Colossus” by American poet Emma Lazarus in 1883: “Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore. Send these, the homeless, tempest-tost to me.”52:40 - Leviticus 19.37 - “Keep all my decrees and all my laws and follow them. I am the Lord.”Psalm 119.1-8.53:39 - Closing Questions to ponder:Does God call us today to be perfect?What is sanctification, and is it a call to perfection?Support Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD
00:00:00 - Bevezetés és problémák a munkákban00:03:22 - Kigyulladt olajfinomító00:04:39 - AWS leállás00:11:34 - Csomagkiszállítás, visszaküldés és szeméttermelés00:18:39 - K*csög futár sztori00:24:48 - Futárcég megítélése a futár miatt00:25:38 - Ismétlések a TV-ben00:26:41 - Negatív tapasztalatok futárokkal kapcsolatban00:32:55 - Kifli és kulákok Debrecenben?00:35:45 - Durva és csonka hét00:36:44 - Normális kiszállítás és az idő hasznos töltése?00:38:59 - Rendelések00:40:59 - Azért kell, mert kell… és mi lesz a méhekkel?00:45:21 - Működő reklámok, kettős mérce és a WC illatosítók00:53:19 - Befejezés és MSB 5
In this episode of The Market Moment, Matt, Isaac, and John dive into one of the most frequently asked questions by retirees and near-retirees: How is Social Security calculated? They break down the AIME (Average Indexed Monthly Earnings), PIA (Primary Insurance Amount), and the role of inflation-adjusted earnings in determining your Social Security benefits. Whether you're deciding when to claim Social Security or how working longer could affect your retirement income, this discussion provides clarity on a confusing topic — and directs listeners to helpful tools like SSA.gov.
This is part one of two in looking at Leviticus 19. This chapter has various laws outlined within the “holiness code,” the set of rules designed to keep Israel safe and set apart in the land they are going to enter. Included in this talk are rules on respecting parents, observing the sabbath, abstaining from the worship of idols, and ordinances on not stealing or lying.Outline: 00:04 - Introduction to Leviticus 1902:28 - Reading of Leviticus 19.1-2005:20 - Leviticus 19.1-2 - Be holy - be set apartLev 17-26 is the “holiness code”; these are rules to govern Israel. Bible verses covered: Exo 19.6, 1 Pet 1.14-16, and Rom 12.1-2.12:56 - Leviticus 19.3 - Respect your Mother & FatherThere is a reason God made this one of the commandments; it's important to honor your parents and show them respect. This commandment also includes a promise “so that it will go well with you and that you will ENJOY life.” Treat your parents as you would like to be treated by your children. Honor them, respect them Bible verses included: Ex 20.12, Eph 6.2-3, Pro 1.8, Pro 6.20 and Pro 23.22 16:54 - Leviticus 19.3 - Observe my SabbathsThe Israelite was commanded to rest on Shabbat, the Jewish Sabbath (Sundown on Friday to sundown on Saturday). This was a to be a day to rest, to spend with your family before the Lord. Not to work. Not wanting to break the 4th commandment, jews took this to the extreme (and still do to this day), Ex: Sabbath elevators in Jerusalem. The jews made rules on top of rules to make sure that they did not break the 4th commandment. To the extent that it was more about not breaking ANY rules about the sabbath then it was about enjoying and honoring God within the sabbath.Bible verses included: Exo 20.8-11, Exo 16:21-26, Mrk 2.23-27 and Col 2.16-17. Decide as a family how you will spend the sabbath.26:00 - Leviticus 19.4 - Do not turn to IdolsWhat is an idol - something that you worship other than the Lord. Examples of idols: Gen 31 - Laban and his “household gods” - small figurines. Ex 32 - the Golden Calf. King Hezekiah destroyed the bronze serpent in 2 Kings 18.4 and called it “Nehushtan” - a thing made of bronze.. Num 21,4-9 is the original story with John 3.14 being where Jesus says it is about him. Also read Isaiah 44. 33:45 - Leviticus 19.5-8 - Fellowship Offerings. For more see Lev 7.11-1835:05 - Leviticus 19.9-10 - Care for the poor in your harvest. This deals with not harvesting 100% of your crops but leaving some for the poor. Other Bible verses on this: Deut 24.19-21 and Ruth 2.2-3.37:53 - Leviticus 19.11a, 13, 35 - Do not steal (do not rob, defraud, hold back wages, or use dishonest scales). Bible verses covered: Lev 19.11a, 13, 35; Deut 25.15-16; Pro 11; 16; 20; 23 and Exo 20.15.40:51 - Leviticus 19.11b, & 16a - Do not Lie or deceive (or slander). Bible verses included: Lev 19.11b; Lev 19.16a; Ex 20.16; Prov 12.22; Eph 4.17-29Support Iron Sheep Ministries: https://Ironsheep.org/donateContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD
Roadblocks? Principalities? Ism's, schism's and drama? The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation on the “Let's Be Blunt With the Rev" podcast. Books written by The Rev “Overcoming Principalities” Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do! "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.
Chris Versace says the government shutdown is putting a "crimp" on the volume of data investors and traders typically rely on for economic performance. He says the ISM reports are a "treasure trove" and believes investors need to be more fluid when it comes to triangulating data sources. Looking ahead, he thinks the upcoming earnings season will be very important and provide a "litmus test" for the current rally. Chris adds commentary on the latest retail shopping events competing between Walmart (WMT), Target (TGT) and Amazon (AMZN).======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Are You Missing Out on Real Estate's Best-Kept Secrets? Imagine investing in properties where: Tenants fix their own roofs You can boost income with a few tech upgrades Most investors are too scared to even look This episode reveals two underground real estate niches that could change your wealth strategy forever: Mobile Home Parks and Parking Lots Special Guest: Kevin Bupp, an investor with over $1 BILLION in real estate transactions under his belt shares how everyday investors are building wealth in places others overlook. Grab your FREE real estate investment white papers and unlock hidden wealth strategies at InvestwithSunrise.com Resources: Text FAMILY to 66866 Call 844-877-0888 Visit FreedomFamilyInvestments.com/GRE Show Notes: GetRichEducation.com/574 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:00 Welcome to GRE. I'm your host. Keith Weinhold, talking about first mobile home park investing and then investing in parking lot assets. What makes them profitable? What gets investors excited about mobile home parks and parking lots? What are the risks and what's the future of both of these real estate asset classes? All with a terrific guest today on get rich education. Keith Weinhold 0:28 You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre or send a text now it's 1-937-795-8989, yep, text their freedom. Coach, directly. Again, 1-937-795-8989, Corey Coates 1:40 you're listening to the show that has created more financial freedom than nearly any show in the world.This is get rich education. Keith Weinhold 1:56 Welcome to GRE from Burlington, Vermont to Burlington, Washington and across 188 nations worldwide. I'm Keith Weinhold, and you are inside get rich education. We are all firmly in the fall season. Now, autumn, if you prefer. And as we often do, we're discussing residential real estate investing today, but it's two different and distinct niches within that, and I guess they both have to do with wheels, as it turns out, mobile home parks in the first part of the show and then parking assets later today. I think there's a compelling future use case for at least one of those two to speak to our international audience for a moment, but this will actually help clarify things for you. If you're a North American too, though it's called a mobile home, well, it doesn't really have that much to do with wheels. There might not be any wheels on it. And if a resident lives inside one of these for, say, a decade, well then it's probably going to remain attached to that same location on the ground all 10 years. That's why a mobile home is often referred to now as a manufactured home. What it is is it's a factory built residence, constructed on a permanent chassis and then transported to a site. I mean, that's what we're talking about here, and they are a less expensive alternative to traditional homes that have, say, a cast in place, concrete foundation. So therefore, understand, mobile homes are affordable housing, highly affordable housing, and that's really important in this housing affordability crisis. And I've talked quite a bit about that on the show, and the meager national supply of that all types of affordable housing, they are recession resilient. I mean, that's just one reason why we love affordable housing types here at GRE where we're often buying rental property just below an area's median price. You know, people think of mobile home parks MHPS, that they're all crime ridden and that there are slumlords. But that is not true in every case. There are actually nice ones. If you're an MHP investor, you often only own the land beneath the structure, and not the mobile home itself. The resident owns the mobile home itself. So therefore, if there's a leaky roof or a window needs replacement, or flooring needs replacement, that is on the resident to fix, not you. MHP dwellers, they often don't have to pay property tax, though, because, like I said, they don't own the land. The landlord, or the community, therefore, is the one that has to pay the property tax. So there's some thoughts on mobile home parks for you, parking asset, real estate that's still settling into its post pandemic pattern with Return to Office mandates that aren't really fully matured yet. We're still settling in and seeing how that is going to look. And then when it comes to parking lots, you got to wonder about its future. When you consider the proliferation of autonomous cars, will that make parking lots obsolete? I'll have our guest address that longtime GRE listeners, you might remember episode 13 of this show, yeah, almost 11 years ago, that episode was about how autonomous cars will affect your future and your real estate and the very need for parking lots and a lot of what I discussed there in early 2015 that is beginning to come true, but this autonomous car adoption that is way slower than a lot of people thought. I mean, most Americans, they still have not been inside an autonomous car at all. A lot of people are still saying that they don't trust that that should change soon. But as for now, I'm just guessing that fewer than one in 10 Americans have been inside an autonomous car, probably quite a bit less than that. Today's terrific guest has over $1 billion in real estate transactions under his belt. This should be interesting. He is a specific investor in both mobile home parks and parking assets. Keith Weinhold 6:26 Today's guest is a seasoned real estate investor entrepreneur, and he's a prominent voice in the space, because he hosts the real estate investing for cash flow show. He's built a strong reputation as an expert in two niches that have less competition than some other investments, and we'll discuss those two today. They are mobile home parks and also parking asset investments too often overlooked yet pretty profitable niches, and he and I have a lot in common. I'm on the Forbes real estate Council. He is on the Forbes Technology Council. He and I are both native Pennsylvanians. It's been quite a few years. Hey, welcome back to GRE it's Kevin Bupp. Kevin Bupp 7:06 Hey, Keith, thanks for having me back. And yeah, excited to be here, my friend, and excited to finally get caught up. When you referenced that, it was nearly eight years since we last spoke. I was taken back a little bit because A lot's happened in past eight years. Keith Weinhold 7:21 I know that's wild with where things are at. People didn't even know the meaning of the word pandemic when you were last here on the show, Kevin, let's talk about really the case for mobile home parks. I know they can be a strong, cash flowing asset once people are really dialed into them. I think what's interesting is, since you were last here on the show, really, from the pandemic on, it's been a well documented national story where lay people just know about how the supply of housing just is not adequate in order to meet demand, and what that usually means, just talking about the single family space is, of course, they're building, but they're not building fast enough to keep up with population growth and housing demand. But what's so compelling about mobile home parks is, I mean, they're barely even building them anymore, like they are contracting in supply in a lot of areas. So tell us more about the compelling case for mobile home parks. Kevin Bupp 8:16 Yeah, well, you had a big one. You know? It's an asset class that has a diminishing supply, right? We can get into the reasons behind that. But, you know, just from a high level perspective, one of the other factors as it relates to, you know, available homes, available housing for the growing population, is that while they are building stick boat homes, they're not fulfilling the needs of those that actually need affordable housing. So there's not a lot of the average working household can't necessarily afford the starter home any longer, and so mobile home parks are unique. I truly feel they're the best vehicle to help us fill this void of housing, affordable housing that is really needed throughout the entirety of the country. I mean, there's very few markets in this country that are still affordable. There's some places you can still go buy. You can probably go to Flint, Michigan, buy a home for 50 or $60,000 but generally speaking, I think the median home price today, I think it's crested over 400,000 I don't have the exact number, but I do believe over $400,000 and the average starter family, or even folks that are, you know, just working two jobs, making 40, $50,000 a year, they can't afford to purchase that type of home, a $400,000 home. And so again, these mobile homes you had mentioned, they're not building mobile home parks any longer. However, they're still building new mobile homes, and it's kind of interesting what's evolved over the past 10 years. The quality of the product is it's like a night and day difference of what it looked like 1015, years ago, of the homes themselves to what they look like today, and what you get for your money. You know, the average single wide that we might be putting into a community, brand new home, 13, 1400 square feet. Someone could come in and for roughly $80.70 $80 a foot, can buy a brand new home that's never been lived in before, that's unheard of, that's absolutely unheard of when you compare it to the average or the median home price across the US today. So it really is kind of the last frontier, and it's typically any market that we're in, if you take the same comparable quality of an apartment complex in the same, you know, area of town, the same school districts, we're typically about 20% less all in cost to actually own your own home, versus that of even renting the comparable size apartment. So it's a very compelling reason for folks that are looking for an affordable place, but not just affordable, but clean, safe and quiet. I mean, like we run very respectable communities, they're in the really good school districts. They're places that folks are proud to live and raise their families, then, Keith Weinhold 10:22 yeah, that's true. This would really help meet that affordability challenge, another problem that's been so well documented. Talk to us more about what makes mobile home park investing different from investing in single family rentals or even a fourplex or a 20 unit apartment building. Kevin Bupp 10:40 A lot of the fundamentals are similar, and I would say that it's probably more comparable to that of an apartment complex to a certain degree. Just think of it as a horizontal apartment complex, where units aren't stacked on top one another. They're just layout horizontally more wider than they are tall. But the bigger difference is in most instances, we don't actually own the homes, so the residents own the mobile homes, whereas we as community owners own the infrastructure, we own the land. We own the roads, when the sewer lines, the water lines, the common areas, if it has a clubhouse, if it has amenities, so we maintain and we own all that collective area where the folks basically come and they bring their home, they fix it to the ground, and then ultimately pay a slot rent to have their home there on that premise. And so for us, it's very attractive in that the resident that's in their home, if they have a Roofing Leak, they have a plumbing leak, they have their HVAC system go out. They're not calling us like they enter an apartment complex. It's on them, yeah. So they're homeowners. And a couple other really attractive elements of that that come as a result of having residents that live there, not just renters, is that they're very sticky. And so just like in a standard single family subdivision, where you've got folks that might have lived there for generations, you just reference that your parents literally live in the same house, and so they've lived there a very long time. It is quite common to find residents and even multi generations of the same family that live in our communities. And a couple come to mind. We just celebrated a woman's 50th year of living one of our communities in brendalin. And so you've got sticky resident base. There's not a lot of turnover. And then the last big piece of it that is really attractive us is a homeowner mentality is very different than a rental mentality as far as upkeep. And so you got folks that they plant flowers, they ensure that their units have curb appeal, right? They put flags out, they put decorations out during the holidays. It's a lot more warmth than that of what you might find in a traditional rental apartment complex. Keith Weinhold 12:26 So what all does the tenant pay for? You mentioned that they pay for the lot rent. What other expenses do they have? How does that look for them? Kevin Bupp 12:36 Typically, you know, utilities. So they'll have their own individual meter. They'll pay, you know, direct to the utility company, utility provider, water and sewer as well. They'll pay for their water and sewer usage. And that can come in many different forms. Sometimes, where our communities have public utilities, where it's built directly by the utility provider, sometimes it's more of a private system, where we're actually acting and participating as utility provider and building them back for their usage. Really the standard things that you might pay for if you live in a single family home. I think so the areas where it might differ. And honestly, this is really community by community for us, some of our communities, literally, the residents, they pay for the utility use, but outside of that, literally, we mow the grass, we shovel their driveway, we shovel their walkways, we handle all those type of elements, whereas some other communities, the residents we might require that they actually maintain their own grass so they their own grass, so they have to mow it, or hire a a third party vendor to come in and mow it. They might have to actually shovel their own driveway. And a lot of how we run a community really is depend on how it used to be run when we took it over. You know, if it's not broke, we don't fix it. And so a lot of times we don't like shaking things up too much. If they're used to a certain way, we just keep it status quo and continue rolling on of how the prior ownership used to manage it really similar elements of what a folks, an individual living in a single family home, might pay for so very similar. Keith Weinhold 13:48 Okay, so they pay you the rent for the lot. This puts nearly all the maintenance and repair burden on them. So is there any sort of HOA like body here? Kevin Bupp 13:58 Not in our community. You do find some communities, and most of these that have an HOA are typically a community that's gone through more of a co op type arrangement to where the actual individuals only like fractionalized share of the community, the residents that live there, and so then they have a the oversight from an HOA that's managing the daily operations, managing the financing, managing the budget, things like that. But in our communities, no, there is not an HOA, I'd say the one other thing that's typically included in lot rent is they don't have property taxes, right? So we own the land, and so the individuals that live in these units aren't paying individual property taxes. A lot of states require that they have a registration fee, just like you do in your vehicle, that they would have to pay on an annual basis. And then most of them have insurance as well. You know they're covering you're carrying homeowners insurance on the actual dwelling itself. Outside of that, it's, again, just pretty straightforward, Keith Weinhold 14:47 yeah. So here we are in this low competition, low supply niche that we're talking about here we think about communities and nimbyism and building, not in my backyard. ISM oftentimes that's a sentiment that residents of a certain area have, residents say something like, ah, we don't want this new 200 unit apartment building or mobile home park here in our single family home neighborhood, like, that's nimbyism. But in mobile home parks, to me, it seemed like nimbyism is often at a different level. It's at the government or the municipal level, like your town or city, might not want one, because it doesn't generate as much property tax revenue as a new single family neighborhood would. Is that the reality? Kevin, Kevin Bupp 15:31 that's absolutely the reality. And that's why you don't see new parks getting built. I think last year, ones that I know of, there are about a dozen that were built, many more than that. They're actually shut down, you know, for redevelopment purposes. And so that is absolutely huge part of it. In fact, you know, it's frustrating, because pretty much every municipality across the country the topic of affordable housing, it's on the radar, and it's probably one that is discussed quite often. And in all reality, again, these mobile home parks really would help resolve that challenge at most of these you know, municipalities are the shortage of homes, affordable homes, that they're facing across the country. And so, you know, another big piece of it, you mentioned the tax basis, absolutely, you know, the municipality would make, they'd have much better tax revenue from pretty much anything else that could be built there. And so that's a big barrier. But the nimbyism piece of it, I think a big part of that is it's unfortunate. I think it's getting better over time. There's bad operators in our space, just like they're bad operators in the apartment space, just like there's bad operators landlords that have single family homes that just let them deteriorate over time and don't repair things. Unfortunately, we kind of get lumped all the mobile home parks get lumped in that bad bucket. And so while there's, you know, I always joke and say there's mobile home parks that are on the wrong side of town, wrong side of the tracks, right? You don't want to go to and during the daytime. Well, guess what? There's subdivision, the single family home, neighborhoods that are the same thing, and there's apartments that are like that as well. You don't go anywhere near them. And you've got the middle of the road, right? You've got just the good, hard working, blue collar folks that want to send their kids to good public schools. We've got those communities apartments are that way too single family home subdivision, you got white collar stuff. You got some higher end stuff. Unfortunately, we kind of all get lumped in that bad bucket. That's where the assumption that's made by folks that don't understand mobile home communities have never driven through one. They just assume that it's all, you know, basically, drug, sex, rock and roll, the wrong element that we do not want in our neighborhood. We don't want anywhere near us. It's going to devalue our home prices. And for that reason, you just don't see them getting built. It's unfortunate, but it's the truth. Keith Weinhold 17:20 Yeah, I'm just thinking about the mobile home park that I drive past most often. It's sort of walled off. There's maybe an eight or 10 foot high wall around it. I don't know if that's something that the municipality erected to sort of screen its appearance off, or something that the mobile home park built, which is my guess as to who built it, but not all mobile home parks look blighted Kevin Bupp 17:43 absolutely, yeah. And I don't know the case that you just referenced there. I mean, it could be for sound deadening purposes, if it's off of a busy road. It could have been something put up as far as just to kind of shield off so folks that are driving past don't see the community. My guess would be that's probably not the the reason that was built. But in any event, these are, there's, you know, we've got a number of communities, Keith, that if you drove through, and I didn't, if I blindfolded you and you drove in, so you went past the entrance, you went past a sign that said manufactured home community, and I took you down a road, you wouldn't believe that you were actually in a mobile home park. Some of these homes, they're double wide homes, and they look like ranch homes, and so they're actually laid out perpendicular to this, or parallel to the street, and then they have two car site built garages that are attached to them via breezeway. So they look like your traditional ranch style home, but they're absolutely 100% mobile homes that could be moved if you wanted to move them, and for a fraction of the price of what a neighboring single family home might sell for. So there's all different qualities. They all come in different shapes and sizes. But to my point earlier, some of these communities, they're not even affordable. There's actually, there's down here in Florida, we've got what we call lifestyle communities. It's very common out in Arizona as well, where it's a lot of times a second home for snowbirds, you know, retirees that want to come down and want to live an active lifestyle. You know, they want to have two swimming pools. They want to have an activities director. They want to have, you know, shuffleboard and pickleball courts and tennis courts, and they want to live this lifestyle. And those units are anything but affordable. In fact, there's many. There's a community down the road for me that, you know, their lot rent is $1,200 a month, and so you factor that in with probably a house payment. And you know, you might be looking at 2000 to, you know, $2,300 a month, all in for the house and the lot rent. And so not necessarily in the affordable scheme of things, but they come in all shapes and sizes and again, unfortunately, we just get lumped into that bad bucket. It's unfortunate because I do think that we could really help start making a dent in this affordable housing crisis. I don't how it's going to happen any other way. I really don't, because we can't build affordable products at this point in time. It's not possible Keith Weinhold 19:37 a posh an exclusive mobile home park there that you're referencing in Florida. As paradoxical as that sounds, tell us, Kevin, how that really works, because I know you help investors get in to mobile home parks. Does this mean an investor owns a full Park? Or I wouldn't imagine you're just doing it at the level where you just own one lot and then have One dweller pay you the lot rent. So tell us about how it works from the investor angle. Kevin Bupp 20:05 We have fund structures that we typically roll out through sunrise capital investors and any one individual fund will own somewhere between nine to 13 somewhere, typically in that range, mobile home communities. These communities can range in size from maybe as small as 80 or 90 lots to the largest community we own at present time is 780 lots. And so it's quite large. I mean, the size of a small town. But essentially, investors come in and they own a based on their investment. They own a proportionate share of the various properties that are owned underneath that fund umbrella. And so one, an individual, might come with 100,000 and own a smaller proportion share than someone that comes in with a million dollars. But they are owners. They're absolute owners. They participate in the cash flow, they participate in the the upside, and they participate in the proceeds. When we have capital events, either cash out refinances or potential sale events. Keith Weinhold 20:56 Tell us more about why it's so profitable. Why do mobile home park investors get excited, Kevin Bupp 21:01 as with anything, Keith, you know, you got to buy it, right? And, you know, we look at a lot of deals, and a lot of deals don't pencil like, if we bought it for what they're asking, we would make money. We might lose money. And so the money's made on the buy, just like with any other type of real estate investment. But I think the one factor that really has allowed mobile home parks to be an attractive investment vehicle over the past, really, the last decade, it's grown the attention of lots of different private equity groups, institutional investors, that 15 years ago, they weren't in the space, and the biggest reason is a lot of these. It's a very fragmented niche, and so there was no consolidation that existed 10 years ago. There was really only two public traded companies outside that. It was mom and pops, mom and pops, that typically owned one, maybe sometimes two or three communities, but it was just a very fragmented niche. And what you find those fragmented niches that there's a lot of inefficiencies that exist in the operations. There's a lot of inefficiencies that exist with regards to utility management or managerial oversight within the community, or even keeping up with market rents. And so very often, we'll get into a community we just bought one at the end of last year, and right outside of Ann Arbor, you know, great sub market in Michigan. It's it literally has never traded hands. It was built back in the 80s by the gentleman we purchased it from. He was a subdivision developer, but he got into the manufactured housing space, so he built this, what looked like a subdivision, but it was mobile homes and and he basically owned it up until we acquired it last year, but gorgeous community, well maintained, needed some upgrades, different amenities that just were a little worn out and tired. But the biggest element within that community was that the market rents in the local area were roughly $800 a month. $800 a month for lot rent, and when we purchased it from him, the average lot rent throughout the community was $477 so there was a significant loss lease that exists. And we see this quite often with just over time they've owned it, free and clear, they go 567, years out, doing rent increases, and sooner or later, they find themselves in a situation where they are severely below the local market rents. And so there's typically a lot of loss, at least recapture, that we find going into these communities. Sometimes we'll also go in and we'll find there's a lot of waste with the water and sewer cost. It might not be billed back for usage to the residents, to where if you're not paying for something, sometimes you're abusing it. And a lot of times we can go in and put individual meters in and almost send entirely that savings down to the bottom line and find it as additional noi on our PNL. And so it's just inefficiency of operations, and again, quite common, given the mom and pop nature of this asset class. But it's very quickly becoming consolidated. Now it looks very different today than what it looked like as far as the ownership groups. When I go to an industry event 10 years ago, those other guys like us, and then a lot of mom and pops. Now it's, you know, the likes of reps from Blackstone and Carlisle group and and got lots of other institutional groups that are showing up there. So just it's very different world, and probably more akin to that of what the apartment sector looks like, as far as ownership groups and the consolidation that's happening. Keith Weinhold 23:52 You're feeling more of that competition. Kevin and I are going to come back and talk about another, I suppose, real estate investment that has something to do with wheels, and that is investing in parking lots. I'm your host, Keith Weinhold Keith Weinhold 24:07 if you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point because even the word abbreviation is too long. My letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video course, completely free as well. Now it's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com Keith Weinhold 25:19 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President chailey Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com. Ted Sutton 25:51 Hey, it's corporate directs Ted Sutton. Listen to get rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 25:59 welcome back to get rich education. We're talking about two real estate investment niches with Kevin bump today, an expert in both mobile home park investing and in parking lot assets. And Kevin, I got to tell you, I am more skeptical about parking lot investing than I am about mobile home park investing, but you can probably help me with this. I think we know that. I mean, gosh, just historically, ever since Henry Ford did his thing. I mean, mass transit adoption is really slow in most US cities. But anymore, one needs to wonder, okay, can autonomous cars disrupt the parking model? A Robo taxi can just constantly stay on the road, dropping off and picking up passengers where, you know, some people foresee a day in the not too distant future that people won't even need to own cars. They'll sort of have a subscription to a car service, but now this is where your expertise is. So I'm sure you thought above and beyond that. So what are your thoughts there, just for the need for parking spaces? Kevin Bupp 27:11 You make a valid point. I think the adoption of that, it's, I think it will be very different from market to market, say, the city, whereas, if you want to maybe look at one area. We have a parking garage today in downtown Phoenix, Arizona. Phoenix is very much a driving city. It's parsed out very far the public transit. It's not great there. And again, it's just it's a wider state, whereas, if you compare it to like a San Francisco, the adoption of Robo vehicles and robotaxis and things like that autonomous vehicles is much, much faster than that of a of a phoenix. But also San Francisco is much a much more consolidated marketplace as far as the urban core. And so for that reason, you know, we look at parking, it's got a there's a couple things also that feed into that. So I want to back up a little bit. One of the major changes that has been really playing out over the past 15 years within the parking sector is that building departments within now, I think it's over 100 cities across the country. Denver just announced last week that they're also adopting this policy. And that policy is that historically, if you were Keith, you're going to go on, hey, I want to build this in downtown. I want to go build this apartment complex, condo complex, mixed use property, whatever it might be. Historically, they would have required you, whether you wanted to or not. They would have made you put in a certain amount of parking per 1000 square feet, every municipality would have a formula. And what, what a lot of these cities realized a couple decades ago is that, based on their, you know, antiquated formulas, they had a surplus of parking available on a lot of these downtown areas. You know, it wasn't being used. And given the developer an opportunity and the choice to say, Hey, do I want to build 20 more parking spaces that aren't going to get used? Or I want to build want to build 10 more apartment units, they're going to choose the apartment units. And so the parking mem requirements have been taken away, have been eliminated in a lot of cities over the last decade plus. And so that's created a shrinking supply of parking because now when developers build something, they're building only as much as they need, sometimes not even as much as much as they really need, because then they can still rely upon other ancillary parking structures within the immediate marketplace. And so, so there's a shrinking supply of parking. And every city that we own in today there's a massive shrinking supply of parking. So that's big piece of it that we know that inevitably, if we get the location right, an area where literally, you wouldn't be able to afford, based on the cost of construction and the cost of lands, they wouldn't be able to afford even building new parking structure, if you so chose to. And now that there's also a shrinking supply, diminishing supply, of this parking that we can be comfortable in our demand for our product, and so to the point of like autonomous vehicles and things of that nature, I do think there will be a time. I don't know how long that time is. I do think that there will be a time where we'll see some sort of impact. I don't know what that is. And so how we underwrite deals is we feel very confident over the next 10 years. We have to have a absolute confidence level over the next 10 years that there's going to be continual demand based on the various factors within this marketplace, the demand drivers that are servicing that garage, like, who's parking there, why they're parking there. But second to that, when we. Buy something. We need to have the air rights. We know that there inevitably will be a higher and better use. So Location, location, location, it's got to make sense today as parking. We got the underwriting has to stand on its own as parking, and we have to have a comfort level that 10 years, there will be sufficient demand throughout the duration of the next decade, in the event things start changing down the road, we know that, literally, the lowest use that it could ever have is its present use, which is parking because it's just a concrete structure, sometimes just an asphalt parking lot, to where, once you go vertical, that's where you're going to be able to unlock a lot of additional potential. And so we don't underwrite the future. We look at that as icing on the cake. But we know, based on the the location, the proximity to, you know what else is happening in that marketplace, that location will be in demand, not just today, but many decades to come. So I'll stop there and see if you have any clarifying questions. Keith Weinhold 30:51 I think about how for the parking lot investor, Jamie Dimon has been really good for you. He is so hard on the return to Office. Mandate? Kevin Bupp 31:01 Yeah, I'd say one thing that's important to make note is, I don't know what the future holds for office I tend to make the argument that wherever picking office building in a marketplace, wherever they're at with occupancy today, I think it's probably as good as it's going to get. We don't have to go down that rabbit hole. But I just I feel like it's been long enough since covid. And don't get wrong, there's gonna be a few companies that are going to be pressed that are going to be pressing, you know, in a big way, to get people back, but I think 80% of them that we're going to go back are already there. And so any parking asset that we look at, if it's got more than 10 or 15% as far as relationship with an office building or multiple office buildings in immediate vicinity, then we typically pass on it. And on top of that, it's got to have a variety of demand drivers. So it just can't be supportive of one or two different demand drivers. We have have at least five. And so it can be a courthouse, municipal buildings, sports arenas. It's got to be a 24/7 city where there's something happening, 24 hours a day, seven days a week, hotel, valet, restaurants, retail, things like that. And office has to be a very minimal part of that makeup, or else we just move on, because I don't know how to fix it. How to fix that problem yet. I don't know what's going to you know what the future holds for your traditional office towers, especially the ones that are, you know, 50, 60% vacant at the present time? Yeah, that's interesting, because when you look at a parking lot and you're evaluating its potential and its current use, yeah, you're basically thinking about, what is that tenant mix. You don't want 100% of it to be for one office building. You would probably want a number of uses. That's correct. Yeah, absolutely. Again, like I said, Five is our minimum. I mean, the more the merrier. And I'd say another big piece of it, if we had to look at the different demand drivers and put a value or a hierarchy of what we feel, what are the highest priority demand drivers, transient is the best. I want to know that the folks that are coming there, there's enough attractions in immediate vicinity, and we need to know what those attractions are, and better understand those attractions. But there's a variety of attractions in the immediate vicinity to where it's going to continually attract transient parking. So it's not just it's not a reliance upon one thing. And so, for example, we just closed on a garage in historic Philadelphia, and so it's a block away from Liberty Bell, two blocks from Independence Hall, any of other museums. I mean, like it's it is we talk about location, location, location. It's there that part of Philadelphia has been in demand by tourism for hundreds of years, and I don't foresee that that changing anytime soon. And so 70% of the makeup of the traffic in that garage is made up of transient traffic, so folks that are visiting the various attractions and immediate vicinity. So even if one of those attractions went away, which most of them are historical, they're not going to go away. If one or two did, it still wouldn't have that significant of an impact on the parking demand. Keith Weinhold 33:36 That's interesting. Okay, a transient customer, not one that's showing up and parking there every day to go to work. And yes, the Liberty Bell, Independence Hall, there's going to be a long term demand to see those sorts of things in person. So that's an interesting way to think about that. And Kevin, while we've been talking about parking, at least in my mind's eye, a lot of times, I've just been thinking about one paved at grade parking area, but we're talking about parking garages as well. Or what are some of the trade offs there between parking garages and an at grade parking lot? Kevin Bupp 34:08 Yeah, I mean, at grade parking lot is, can't get any simpler than that. I mean, typically they're asphalt or sometimes just crushed gravel, but that's it. So as far as future capex requirements, there's not many, right? It's very, very minimal. Whereas a parking garage, especially if it's in a colder environment, where there's snow and you've got salt on the road, salt that's making its way up the concrete, seeping into the cracks, you've got structural rebar issues to worry about, things of that nature. So weather can take a major toll on parking structures if they're not maintained well. Whereas you know the worst that could happen the same weather, you know, the weather takes the same toll on these asphalt parking lots, but it really only equates to maybe a pothole that you have to fill in, and a parking structure could be deteriorated to the point of no return if it's been neglected long enough to where it might be unsafe, structurally where you know now you're you're getting condemned or shut down. So big considerations there, it's interesting. We Own, the one we own in Phoenix, the Phoenix, it's a desert. It's a desert climate. They get very little moisture. And that was that parking garage was built in the 60s, so very long time ago. It's the oldest thing we have in our portfolio, but it better condition has been preserved better than that of of a recent garage we purchased that was built in 1990 that's all the environment that's in. You know, there's really not much that can deteriorate concrete once in the desert. Keith Weinhold 35:22 Was there any last thing on parking lot investing like something that gets an investor really interested in this asset class? What's really compelling and profitable about it? Kevin Bupp 35:33 It's very technology driven business, and what we have found is a lot of these parking assets, of either they're owned by, you know, an individual investor, or if they happen to be owned by an institution, they've never been viewed as the primary investment vehicle. A lot of institutions that own parking garages, they happen to own them by default, because maybe they bought the two office towers years back, and it just happened to come with parking right? And so a lot of times, they've been somewhat neglected, like the PnL has been neglected. They haven't found ways to really extract all the value out of these parking facilities. And so very commonly, we'll go in and we'll find that the technology that's in place is 10 years old. And think about what a computer 10 years ago look like, right? Like it's you're not catching all the license plates. You're not able to log in and adjust pricing in a dynamic manner based on supply, demand factors. And so we can simply go in and just create a more efficient pricing model and find sometimes, you know, 10 15% of additional revenue just from doing those simple things, like literally a few $100,000 worth of upgrades and technology, we can add millions of dollars of value. There's other factors, you know, just simple things folks want to park in a not just clean and safe, but well lit. You know, they want to feel safe in lighting. And we'll find parking facilities that still have old halogen lights. Half of them are burnt out. If you start serving people, they're actually not parking there in the evenings. They're finding somewhere else to go because they don't feel safe. And so just going in and doing a revamp, you know, an upfit with LED lights, making it nice and bright, bright and clean and letting everyone feel safe, we'll find a instant increase in demand and Parkers in the later evening hours. So I mean just little simple operational tweaks that we can make that just have simply been overlooked for many, many years by the prior ownership groups. Keith Weinhold 37:15 That's really interesting, that oftentimes the owner of a parking lot owns that parking lot as an afterthought, because they were in it to purchase the building that accompanies the parking lot. So it would make sense that when you focus on that parking lot, you could really add value and profitability to that lot. Well, Kevin, these have been interesting chats between mobile home park investing and parking lot assets. I think that the commonality here is that you the investor, are just owning a lot, and therefore the maintenance and hassles with these things are really low. This gives our audience an awful lot to think about. So Kevin, are there any last thoughts that you have about this space overall, and then please let us know how our audience can learn more. Kevin Bupp 38:02 No additional thoughts. I don't believe I'd say that if you have an interest, if we've piqued your interest at all, we've written a number of white papers on both asset classes, both parking as well as mobile home parks. You can download all that for free on our website. Invest with sunrise.com We've got a number of other case studies on our website. We're pretty transparent. Well, what we buy, what we've owned, what we've exited out of. We'll go as far as providing appraisal reports and third parties and things like that on our website. So if you just want to get a sense of not just who we are, what we do, but just have a better understanding of the investment thesis behind parking and manufactured housing, there's tons of resources that you can download from the website. Keith Weinhold 38:37 Well, that's a great way to learn more about Kevin, what he does, and then maybe even invest alongside him. Well, Kevin, it's been valuable and eye opening. It's been great to have you back on the show. Kevin Bupp 38:46 Yeah, thanks for having me, Keith. Been a lot of fun, my friend. Good seeing you again. Keith Weinhold 38:57 Yeah? Good stuff from Kevin there. The MHP space becoming more consolidated and corporatized too. You know, single family rentals are different from mobile home parks in that way. I mean, 90% of single family rentals are owned by small mom and pops, which means those people that own between just one and five properties, Kevin used the term loss to lease a few times. That phrase loss to lease being a real estate education show what that term means is really a lot like how it sounds. It is the potential income that a property owner misses out on because the actual rent collected is less than the current market rent. That's what loss to lease means. Though, I like the long term future of mobile home parks more than parking deals. You know, Kevin did, though, have some great answers for why he still likes parking. He focuses on a 10 year horizon. He. Looks for at least five use types for the parking. And then another great point is that in a lot of cases, the land that the parking occupies is its lowest use. So therefore, when they sell the parking area, they can get some nice exit income. That makes a lot of sense. And being two native Pennsylvanians like we are, I am familiar with that part of Philly that he's talking about. In fact, what's funny is that, in producing this show today, I guess cookies are doing their thing. This parking lot deal in Philly just appeared in my Instagram feed next week on the show, it'll be back to no guest. It's going to be all me, and you're going to hear some things that you wouldn't expect to hear Until then, I'm your host, Keith Weinhold, don't quit your Daydream. Dolf Deroos 40:51 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Unknown Speaker 41:19 The preceding program was brought to you by your home for wealth, building get richeducation.com
Today's Post - https://bahnsen.co/4mVyUro Market Analysis and Economic Insights: The Monday Edition David Bahnsen, host from Newport Beach, California, presents the Monday edition of Dividend Cafe. He starts with a brief mention of sports events, then discusses market activity, noting minor changes in the DOW and gains in the S&P 500 and Nasdaq. David highlights the fifth consecutive month of market gains since September and evaluates historical performance of the S&P 500 after such streaks, concluding there's no clear prediction for the sixth month. He further examines market volatility in midterm election years, correlations with political events, and economic indicators like 10-year bond yields, ISM services sector performance, auto sales, and the Case Shiller home price index. David also reports on optimistic developments in Gaza and Japan's election of its first female Prime Minister. He concludes by touching on the impact of U.S. tariff decisions on the pharmaceutical sector, aid for soybean farmers, and anticipated actions from the Federal Reserve. 00:00 Introduction and Market Overview 01:26 Historical Market Trends and Midterm Election Insights 04:53 Sector Performance and Global News 08:54 Economic Indicators and Federal Reserve Updates 11:50 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
This week, Phil covers the potential impact of the government shutdown, the latest ISM services report, concerns about market valuations and new genetic research that reveals modern potatoes evolved from a hybridization event and have a wild tomato ancestor!
Roadblocks? Principalities? Ism's, schism's and drama? The Rev confronts it all using the Word of God with Bible Believing and Teaching conversation on the “Let's Be Blunt With the Rev" podcast. Books written by The Rev “Overcoming Principalities” Amazon.com: Overcoming Principalities: 9798359750776: Whitney, D. A. (The Rev): Books “Plug Into The Power” https://www.amazon.com/Plug-into-Power-Shannon-Whitney-ebook/dp/B0837ZQVPH Email: blessed4lifeministries@gmail.com NOTE: We do not own the rights to the great music you hear on the show. However, we hope you love it as much as we do! "Let's Be Blunt With the Rev" is a real conversation with the Rev geared toward starting a spark on the inside to produce results on the outside! Because the more you know, the more you grow! "Let's Be Blunt With the Rev" airs every second and fourth Monday of the month, at 3:00 am ET and 6:00 pm ET.
S&P Futures are pointing higher this morning as Wall Street looks past the ongoing government shutdown. With Non-Farm Payrolls sidelined, investors are focused on the ISM's non-manufacturing report. AI-driven momentum continues to fuel the rally, boosted by OpenAI headlines and strong chipmaker performance. Meanwhile, AMAT warned that new export restrictions will cut Q4 revenue by $100 million. Earnings are quiet this week, but big names like STZ, MKC, AZZ, DAL, PEP, and BLK are on deck next week.
The delay of non-farm payrolls means that ISM services took higher priority on Friday. The numbers weren't promising. Kevin Green highlights contractions in the report and how they serve as early indicators to stagflation pressure. Additionally, it makes the Fed's job harder when it comes to interest rates as the economic picture gets foggier. He also looks into the international landscape through Eurozone PMI, which shows more promising signs outside of France.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
APAC stocks were mostly firmer, taking their cue from Wall Street's gains amid light newsflow, whilst the looming delay of the US jobs report due to the government shutdown keeps focus on Fed speak and ISM data.US President Trump said he is considering taxpayer rebates of USD 1,000–2,000 funded by tariff revenue, according to Reuters.USD/JPY saw upside momentum as BoJ Governor Ueda stressed the importance of maintaining an accommodative monetary environment to support the economy.European equity futures are indicative of a mildly firmer open with the Euro Stoxx 50 future +0.2% after cash closed +1.1% on Thursday.Highlights include Turkish CPI (Sep), EZ & UK Final Composite PMIs (Sep), EZ Producer Prices (Aug), ISM Services (Sep), ECB's Lagarde, Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep)Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Send us a textThe Shipping News for Investors. Acid Breath is a sub-30 minute market monologue for thinkers, not twitchers. Nightly under the Caribbean sky with jazz low, I strip the day bare for signal. Today was diffusion indices in plain English (50+ expands, under 50 contracts). Decimals = vanity; the first two digits tell the story. I cross-check S&P Global with ISM and translate what it means for margins, pricing power, and the economy. And vibe on how to bag a stock winner. Explain why if price breaks legendary highs, pros press advantage on ceilings becoming trampolines. Tonight: pharmaceuticals. Want signal over confetti? Subscribe. Kings don't chase. Acid Capitalist™
Andrew, Ben, and Tom discuss the government shutdown and yesterday's ISM manufacturing report.Song: Closing Time - SemisonicFor information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure
PMI and ISM manufacturing showed a mixed picture, according to Kevin Green. New orders showed the biggest red mark on the report. Kevin explains why investors want to watch the numbers as Europe experiences similar weaknesses. He also takes a closer look at the ADP employment report and the "divergence" to watch between ADP and BLS.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Leviticus 18 continues the “holiness code,” talking about sexual immorality. The holiness code is a series of chapters in Leviticus (chapters 17-26) that call the Israelites to be holy and set apart for the Lord. In verse 3, God calls the Israelites not to be like the Egyptians (where they had been) and not to be like the people in the land they are going to (the Canaanites). The Israelites are not to engage in unlawful sexual relations, and included in that discussion, Dave talks about what the Bible has to say about Polygamy, child sacrifice, abortion, and homosexuality. The application for the Israelites in Moses' day was that they were to be set apart for the Lord; our application today is the same. We can not be perfect, but based on being perfectly forgiven in Christ, we ought to aim for living Holy lives, not allowing anything that will derail or lead us astray in our lives.Outline:00:24 - heavy subjects to be covered today. You must read the Bible for yourself and come to your own conclusions. If you are upset by what is shared, ask the question, am I upset at this teaching or am I upset by what the Bible says? When we find ourselves in contradiction to the Bible, we can either change and follow God's direction or we can rebel and go our own way.02:13 - using AI to study the Bible. Artificial intelligence is a great resource for doing research to see what the Bible says. 04:43 - reading all of Leviticus 1809:26 - Leviticus 18.1-5 & 24-30 - Sets up the rest of the Holiness Code. The Israelites were to be set apart.10:56 - Leviticus 18.3 - You must not do as they do in Egypt. What do they do in Egypt? Bible verses cited: Ex chapters 7-12; Ex 12.12; Ex 32 and Lev 17.7. You must not do as they do in the land of Canaan. What was the sin of the Canaanites? False worship & Idolatry (Baal, Asherah, & Molek) as well as child sacrifices, occult practices, witchcraft, and divination. Bible verses cited: Deut 18.9–12, Lev 18.26-27, Gen 15.16, Exo 3.8; 3.17; 33.2; 34.11; Deut, Joshua, Judges, etc). Joshua 1-12 God uses the Israelites to judge the Canaanites.What right does God have to judge the Canaanites, or any people group? Just wait until we talk about child sacrifice. God does judge the wicked for their acts: 2 Peter 2.4-10, 2 Peter 3.9-1823:25 - Leviticus 18.6-23 - Unlawful Sexual Relations23:59 - Why does Leviticus 18 not outlaw having sex with your children?24:45 - Leviticus 18.18 - Polygamy - Does the Bible condone polygamy? Does the Bible outlaw polygamy? Bible verses cited: Gen ch 16 as well as chs 29-30. 1 Kngs 11.3; Gen 2.24; Ex 21.10; Deut 21.15-17; Lev 18.18; Mat 19.1-9; Eph 5.25-33; 1 Tim 3.2; Tit 1.6, and 1 Cor 7.2/34:56 - Leviticus 18.19 - “uncleanness of her monthly period.” Leviticus 15.19-2437:55 - Leviticus 18.21 - Child Sacrifice. Bible verses cited: Lev 18.21; Deut 12.31; Deut 18.10; Lev 20.2-5; 2 Kngs 16.3; 2 Kngs 21.6; Jer 32.35, and Jer 7.31.Abortion statistics: Article: https://www.who.int/news-room/fact-sheets/detail/abortion45:17 - Leviticus 18.22 - Homosexuality - “that is detestable.” What does the Bible say about homosexuality? Bible verses cited: Lev 18.22; Lev 20.13; Gen 19; 1 Tim 1.9-10; Rom 1.18-32; and 1 Cor 6.9-20. Additional Bible verses on sexual immorality: Gen 2.2; Pro 6.27-32; Gal 5.19-21; Eph 5.3-5; Heb 13.4; 1 Thes 4.3-5; Mat 5.28; and 1 Cor 6.18-201:01:25 - Leviticus 18.30 (and v2, 4, 5, 6, & 21) - I am the Lord your God. Israel was to be set apart. So are we. Bible verses cited: Matt 5.13-16, Jam 4.7, and Rom 12.1-2.Support Iron Sheep Ministries: https://Ironsheep.org/donateListen to the podcast: https://anchor.fm/ironsheepContact Dave & the ISM team: info@ironsheep.orgJoin the email list: http://eepurl.com/g-2zAD
Eric Criscuolo, Market Strategist at the NYSE, recaps a week where stocks retreated from record highs after triple-witching and Fed Chair Powell's valuation comments. Energy outperformed on rising oil, while tech and small caps lagged. Stronger economic data tempered Fed cut expectations. Criscuolo highlights jobs reports, ISM data, and a potential government shutdown as next week's key drivers.
Az első két évad után nem lehetett kérdés, Shirin és Gergő a harmadik etapot is előveszik. Ismét magas Apple színvonalon megy tovább a történet, vagy csalódást okoztak a látottak?
Indolent Systemic Mastocytosis (ISM) is a rare but often underrecognized clonal mast cell disorder. From random hives to gut pain and brain fog, ISM can feel like a medical mystery. We continue our review of “Management of indolent mastocytosis and mast cell activation syndrome - A clinical yardstick,” published in June 2025 in The Annals of Allergy, Asthma & Immunology. This is Part 2 of our discussion, with a focus on indolent systemic mastocytosis. We look at what causes it, how it's diagnosed, and how to manage symptoms and improve quality of life. In this episode, we break down this complex mast cell disease and how doctors use baseline serum tryptase, KIT D816V testing, and HaT screening to find answers. Plus, we explain how treatments like antihistamines, mast cell stabilizers, and avapritinib can help people live better with ISM.
Andrew, Pedro, and Tom discuss Stephen Miran's testimony, ISM services, Lululemon and Broadcom earnings. Song: Walkin' on the Sun - Smash Mouth For information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure
Market Performance, Tariffs, and Economic Indicators: A Post-Labor Day Analysis In this episode of Dividend Cafe, recorded on Tuesday, September 2nd, Brian Szytel reviews the market performance following Labor Day weekend. The DOW closed down 249 points, the S&P dropped by 0.7%, and the Nasdaq fell by 0.8%, with notable rotation from growth to value stocks. The episode discusses the current and future status of tariffs under the IEEPA and Section 301, as well as recent economic indicators such as ISM and PMI manufacturing numbers and construction spending data. Furthermore, Brian addresses the implications of the CHIPS Act and government stakes in private companies, highlighting concerns over government intervention in private enterprise. The episode concludes with observations on volatility and the performance of dollar-sensitive securities. 00:00 Welcome and Market Recap 01:02 Tariffs and Legal Battles 02:13 Economic Indicators and Manufacturing Data 03:25 Government Stake in Intel and CHIPS Act 05:47 Market Volatility and Closing Remarks Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
© 2020-2025 Ivy Podcast Discovery LLC
