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☆ Expect more global growth and bottoming in China, says Skylar Montgomery Konig
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect more global growth and bottoming in China, says Skylar Montgomery KonigSkylar Montgomery Konig, Director of Macro Strategy at TS Lombard, discusses earnings, market concentration, and economic growth.

Persons: Skylar Montgomery Konig Skylar Montgomery Konig Organizations: TS Lombard Locations: China

☆ $1 million homes are now 'typical' in a record number of U.S. cities, analysis finds. Here’s where they are
▼ + stars: | 2024-04-09 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

In February, the country had 550 "million-dollar" cities, or areas where the "typical" home value is $1 million or more, according to a new analysis by Zillow. That is a gain of 59 cities from 2023, and edges out the previous record of 522 such cities when home values peaked in 2022. Some places have lost 'million-dollar city' statusCalifornia has the most million-dollar cities, with 210. Even though there are more million-dollar cities this year, the record amount is connected to how the lock-in effect is affecting an area's supply, according to Olsen. "In those places where we've lost million-dollar cities … they're not as locked in, and they have a lot more of that new construction that helps that picture, too," she said.

Persons: Jon Lovette, Skylar Olsen, Zillow, Olsen, we've Organizations: Colorado — Locations: U.S, California, — New York , New Jersey , Florida , Massachusetts, Colorado

☆ Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA
▼ + stars: | 2024-03-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Existing home prices should keep climbing when mortgage rates slide, Bank of America said. The number of existing home sales on offer fell last year as mortgage rates rose and sellers opted to wait it out to hold onto lower rates they locked in years ago. "As of January, the median sales price of existing single-family homes had grown 5% y/y, while the price for new single-family homes fell 3% y/y." AdvertisementSo far in 2024, mortgage rates have come down from multi-year highs seen last October, falling to 6.74% this month. January's existing home sales were the highest since August, and even small declines in mortgage rates are enough to encourage bursts of activity.

Persons: —, It's, Redfin, Skylar Olsen Organizations: of America, Service, Bank of America, CNBC

☆ Home prices in these 8 cheap cities are primed for outsize appreciation amid the worst US housing affordability crisis in 40 years, says Zillow's chief economist
▼ + stars: | 2024-03-13 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

For Zillow Chief Economist Skylar Olsen, this means homes around the country that are relatively cheap should have tailwinds for appreciation in the years ahead. While cheaper homes in every market should outperform, Olsen also said that the affordability crisis means that lower-cost cities around the US are well-positioned for appreciation. In addition to mostly being cheap on an absolute basis, most of the cities are cheap on a relative basis. The eight cities Olsen listed are compiled below in no particular order. Median home price sale data (list price for Hartford) is included, as well as data from Olsen's affordability metric and average monthly mortgage payments.

Persons: Skylar Olsen, —, Olsen Organizations: National Association of Realtors, Business, Hartford Locations: Hartford , Connecticut, Providence , Rhode Island, Boston, New York

☆ Zillow's chief economist says these 11 'pandemic-darling' cities are full of investor-friendly deals for both price appreciation and surging cash flow in the years ahead
▼ + stars: | 2024-03-08 | by ( William Edwards | ) www.businessinsider.com time to read: 1 min

Home prices in pandemic boomtowns have dropped since mid-2022, creating investment opportunities. Zillow Chief Economist Skylar Olsen says these markets are good for buying rental properties. The growing labor force in these cities should boost appreciation and cash flow for investors. But since mid-2022, prices have returned to earth in many cities. For real-estate investors, this means opportunity, according to Zillow Chief Economist Skylar Olsen.

Persons: Skylar Olsen, — Organizations: Business Locations: — Austin, Phoenix, Nashville

☆ Biden wants to make it easier for people to buy their first home. But there aren't enough houses.
▼ + stars: | 2024-03-08 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But I'm not waiting," President Joe Biden said during Thursday's State of the Union address. The White House is stepping up as homeownership costs keep mounting, with over 90% of the market overvalued. AdvertisementIn order to unlock supply, Biden called for a one-year tax credit of $10,000 to families selling a starter home. Ahead of the speech, Zillow Chief Economist Skylar Olsen noted that the supply crunch is worse than the White House has laid out.

Persons: —, Biden, I'm, Joe Biden, homebuyers, David Dworkin, Skylar Olsen, unspent Organizations: Service, Biden Administration, Business, National Housing, CNBC, Treasury Department Locations: homebuyers, Thursday's State

☆ U.S. is 'desperate' for new housing supply: Zillow Chief Economist ahead of State of the Union
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. is 'desperate' for new housing supply: Zillow Chief Economist ahead of State of the UnionSkylar Olsen, Zillow Chief Economist, joins 'Fast Money' to talk Pres. Biden's proposes solution fo the U.S. housing crisis.

Persons: Union Skylar Olsen, Biden's Organizations: Union Locations: State

☆ 11 shows Gen Z missed out on that millennials were obsessed with
▼ + stars: | 2024-03-05 | by ( Skylar Celeste Boone | ) www.businessinsider.com time to read: +1 min

Between the '90s and the 2010s, millennials loved shows like "Sister, Sister" and "Moesha." Here are the shows that millennials loved growing up. For millennials, shows like "Sister, Sister" and "Gossip Girl" were key to their pre-teen and teenage years. A millennial is defined as someone born between 1981 and 1996, according to the Pew Research Center, while members of Gen Z were born after 1997. That range means that some millennials loved shows that came out in the mid-'90s, while others enjoyed shows that premiered in the 2010s.

Persons: millennials, —, Gen Z, Gen Organizations: Service, Pew Research Center, Business

☆ 10 TV shows to start watching before Black History Month ends
▼ + stars: | 2024-02-27 | by ( Skylar Celeste Boone | ) www.businessinsider.com time to read: 1 min

"Black Cake"Image of Mia Isaac as Coventina in the Hulu Original "Black Cake." Hulu/James Van Evers"Black Cake" is a murder-mystery drama based on the book "Black Cake" by Charmaine Wilkerson. The Hulu Original tells the unique life story of Eleanor Bennett, a half-Jamaican, half-Chinese girl. The series has been nominated for multiple awards this year, including for outstanding limited or anthology series at the GLAAD Awards, and for outstanding drama series and outstanding writing in a drama series for Cerar at this year's NAACP Awards. "Black Cake" is streaming on Hulu.

Persons: Mia Isaac, Coventina, Hulu, James Van Evers, Charmaine Wilkerson, Eleanor Bennett, Eleanor, Oprah Winfrey, Marissa Jo Cerar Organizations: Hulu, GLAAD

☆ 'If your parents are homeowners, you're more likely to be a homeowner,' housing expert says. Here's why
▼ + stars: | 2024-02-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

If a parent is a homeowner, they are more likely to assist with their kid's down payment, she said. But it's harder for those with parents who are not homeowners: "Renter households are often precluded from bringing more people into their home. Having homeowner parents is 'like a 5 percentage point bonus'Young adults with homeowner parents are more likely to become homeowners themselves because they can obtain more information about the mortgage application process directly from their parents, the Urban Institute found. "Because the parents are so knowledgeable about homeownership, they're more likely to encourage their kids to do it and show them how to do it," Myers said. "It's like a 5 percentage point bonus by having parents who are homeowners."

Persons: Skylar Olsen, Myers, that's, Zers, Intuit Credit Karma, Wachter Organizations: Digitalvision, Getty, National Association of Realtors, Urban Institute, Intuit Credit Locations: Washington ,

☆ A Dead Baby Was Found at an Airport in 2005. Her Mother Was Just Arrested.
▼ + stars: | 2024-02-20 | by ( Jesus Jiménez | ) www.nytimes.com time to read: +1 min

The dead baby girl was found in a trash bin in a women’s bathroom at main airport in Phoenix on Oct. 10, 2005. Wrapped in newspapers and a towel, the newborn had been stuffed into a plastic bag from a Marriott Hotel, the police said. Detectives immediately began investigating the death of the child, who came to be known as Baby Skylar. A medical examiner determined two days after the baby was found that she had been suffocated and was the victim of a homicide. Ms. Anderson was in custody in Washington on Tuesday, and was awaiting extradition to Maricopa County, Ariz., Lt. James Hester of the Phoenix Police Department said at the news conference.

Persons: Skylar, Annie Anderson, Anderson, James Hester Organizations: Marriott, Phoenix Sky Harbor International Airport, Washington State, Phoenix Police Department Locations: Phoenix, Washington, Maricopa County, Ariz

☆ Some regional electric grids 'in trouble' over the next few years, says Skylar's Bill Perkins
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSome regional electric grids 'in trouble' over the next few years, says Skylar's Bill PerkinsBill Perkins, Skylar Capital Management CEO, joins 'Closing Bell Overtime' to talk the price of natural gas, the impact of weather, investing in energy and more.

Persons: Bill Perkins Bill Perkins Organizations: Skylar Capital Management

☆ Spring home buying season is near. Real estate pros say this year's rush could push prices up 5% after a weak 2023.
▼ + stars: | 2024-02-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

The housing market will see a stronger, prolonged spring homebuying rush this year, real estate pros say. Buyers and sellers are slowly wading back into the market as mortgage rates edge lower. That's not what economists had originally expected for the housing market this year. "Until we see mortgage rates really improve, we don't expect owners to come back very, very quickly." Affordability conditions have been steadily improving after a bad year for the housing market.

Persons: —, Redfin, Daryl Fairweather, Fairweather, Skylar Olsen, Olsen, Zillow, " Fairweather, Freddie Mac, That's, –, aren't Organizations: Service, National Association of Realtors Locations: Zillow

☆ Beyoncé's New Hair Care Line Cécred Will Have Competition
▼ + stars: | 2024-02-09 | by ( Skylar Celeste Boone | ) www.businessinsider.com time to read: +1 min

Beyoncé says her new hair care line, Cécred, will launch on February 20. The line adds to Beyoncé's many business ventures, contributing to her $800 million net worth. But Beyoncé's hair care line will have to compete with similar brands from other Black celebrities. AdvertisementBeyoncé "likes her baby heir with baby hair and afros," she sings on her hit "Formation." Beyoncé's new hair care line, Cécred (pronounced like "sacred"), is expected to drop on February 20.

Persons: Beyoncé, —, Bey, Beyonce, Blue Ivy Organizations: Service, Business

☆ Taylor Swift just dropped her track list, and it features banger collabs and some major Easter eggs
▼ + stars: | 2024-02-06 | by ( Skylar Boone | ) www.businessinsider.com time to read: +2 min

Taylor Swift just dropped her track list for "The Tortured Poets Department." Other tracks on the album include "So Long, London," a possible nod to Swift's break-up with English actor Joe Alwyn. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaylor Swift just dropped her track list for her upcoming album, "The Tortured Poets Department," and it sure looks like she's got a lot in store for the Swifties. Post Malone), the title track "The Tortured Poets Department," "My Boy Only Breaks His Favorite Toys," and "Down Bad."

Persons: Taylor Swift, Post Malone, Joe Alwyn, —, she's, Swift, Clara Bow, Travis Kelce, Kelce, Swifties Organizations: Poets Department, Service, Kansas City Chiefs, Sunday's Locations: Florence, London, Florida, Las Vegas

☆ Taylor Swift just dropped her track list, and it features banger collabs and some major easter eggs
▼ + stars: | 2024-02-06 | by ( Skylar Boone | ) www.businessinsider.com time to read: +2 min

NEW YORK (AP) — The New York Liberty are bringing their core group back and trying to add another piece with prized free agent Nneka Ogwumike while Seattle signed Skylar Diggins-Smith as WNBA free agency tipped off Thursday. The Liberty, who made it to the WNBA Finals last season before losing to the Las Vegas Aces, met with Ogwumike, according to a person familiar with the situation. Sabally, who was a restricted free agent, averaged career highs in points (18.6), rebounds (8.1) and assists (4.4) last season. They also signed free agent Megan Gustafson. Williams had a stellar season with Chicago last year, averaging 10.4 points, 6.0 rebounds and a career-best 6.3 assists.

Persons: Nneka Ogwumike, Skylar Diggins, Smith, Ogwumike, Breanna Stewart, Betnijah Laney, Stewart, Jonquel Jones, Jones, Diggins, Jewell Loyd, “, ” Diggins, Jewell, Noelle Quinn, Satou Sabally, Kalani Brown, Sabally, Brown, Kiah Stokes, Sydney Colson, Megan Gustafson, Courtney Williams, Alanna Smith, Williams, ___ Organizations: New York Liberty, Seattle, Liberty, WNBA, Las Vegas Aces, Associated Press, Nets, Los Angeles Sparks, ESPN, Phoenix Mercury, Notre Dame, Seattle Storm, Dallas, Wings, Aces, Minnesota Lynx, Chicago Locations: York

☆ Is it time to buy oil stocks? One trader reveals his top picks right now
▼ + stars: | 2024-01-08 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Energy stocks had a tough 2023, but one trader sees some good ways into the sector this year, naming opportunities in both oil and natural gas. Bill Perkins, CEO and head trader at Skylar Capital Management, said he's "mildly bullish" on oil, but identified several opportunities for retail investors. Outlook for oil Oil prices have been volatile over the past few months. Brent crude oil prices were trading around $77.98 a barrel on Friday. Natural gas Elsewhere within the energy space, Perkins also sees some opportunities in natural gas.

Persons: Bill Perkins, Perkins, Goldman Sachs, Jeff Currie, CNBC's, we're underinvested Organizations: Skylar Capital Management, Devon Energy, EOG, Diamondback Energy, Houthi, Brent, . Federal Reserve, Fed Locations: Asia, West Texas, New Mexico, EOG Resources, Red, Sea

☆ Oil prices could reach $100 a barrel in 2024 if OPEC+ members fulfil pledges for voluntary cuts
▼ + stars: | 2023-12-01 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Processing towers stand at the RN-Tuapsinsky refinery, operated by Rosneft Oil Co., in Tuapse, Russia, on Monday, March 23, 2020. Oil prices are expected to rise in the new year after some OPEC+ oil producers voluntarily pledged to cut output. The oil cartel on Thursday released a statement that did not formally endorse production cuts, but individual countries announced voluntary reductions totaling 2.2 million barrels per day for the first quarter of 2024. Russia said it will cut supply by 300,000 barrels per day of crude and 200,000 barrels per day of petroleum products over the same period. We have to have compliance from the other OPEC nations," Bill Perkins, CEO and head trader of Skylar Capital Management, told CNBC.

Persons: Bill Perkins Organizations: Rosneft Oil, United, United Arab Emirates, Skylar Capital Management, CNBC Locations: Tuapse, Russia, Saudi Arabia, Riyadh, Iraq, United Arab, Kuwait, Kazakhstan, Algeria, Oman

☆ Parenting tips from a dad who’s fostered 36 kids — by himself
▼ + stars: | 2023-12-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +7 min

Right now, he's caring for kids aged two, three, seven, eight, 10, 17 and 19 years old, three of whom are his adopted children. "I grew up [the] poor of the poorest," Mutabazi told CNBC by video call. Becoming a solo foster fatherIt wasn't until he was 43 that Mutabazi became a foster dad. Now, on top of being a foster dad, he runs the Now I Am Known Foundation, where he does room makeovers for teenagers. Mutabazi told CNBC.

Persons: Peter Mutabazi, Peter Mutabazi Peter Mutabazi, Mutabazi, James, —, Peter Mutabazi Mutabazi, …, Ryder, Anthony Organizations: CNBC, Compassion, Foundation, Mutabazi Locations: Uganda, Kampala, Rwandan, U.S, Worth, Ethiopia, China, Brittany, United States, Oklahoma City

☆ OPEC+ oil output cuts: Compliance is key — it can't just be Saudi Arabia, hedge fund says
▼ + stars: | 2023-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC+ oil output cuts: Compliance is key — it can't just be Saudi Arabia, hedge fund saysBill Perkins, CEO and head trader of Skylar Capital Management, discusses OPEC+ producers' agreement to voluntary oil output cuts for the first quarter next year.

Persons: Bill Perkins Organizations: Skylar Capital Management Locations: Saudi Arabia

☆ NBA roundup: Kevin Durant, Suns top Jazz in 2OT thriller
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +7 min

Kings 129, Mavericks 113Domantas Sabonis put up a double-double, De'Aaron Fox won his scoring duel over Kyrie Irving and Sacramento won its sixth straight game, outlasting host Dallas. Luka Doncic had team highs of 25 points and 10 rebounds and added seven assists for the Mavericks, who lost their second game in as many days. Franz Wagner scored 19 points and snared seven rebounds, and Jalen Suggs added 18 points. Jerami Grant scored 14 points and Jabari Walker added 13 for Portland, which lost its seventh straight game. Skylar Mays had 11 points and seven assists and Deandre Ayton added 11 points for the Trail Blazers, whose only lead was at 2-0.

Persons: Kevin Durant, Talen Horton, Tucker, Chris Nicoll, Devin Booker, Lauri Markkanen, Markkanen, Durant, Sabonis, De'Aaron Fox, Kyrie Irving, Fox, Luka Doncic, Irving, Joel Embiid, Embiid, Tyrese Maxey, De'Anthony Melton, Lonnie Walker IV, Bridges, Pascal Siakam, Jakob Poeltl, Gary Trent Jr, Scottie Barnes, Dennis Schroder, Stanley Umude, Cade Cunningham, Orlando, Paolo Banchero, Franz Wagner, Jalen Suggs, Jordan Nwora, Darius Garland, Craig Porter, Evan Mobley, Jarrett Allen, Michael Porter Jr, Nikola Jokic, Christian Braun, Porzingis, Santi Aldama, Ziaire Williams, Desmond Bane, Celtic Marcus Smart, Shai Gilgeous, Alexander, Chet Holmgren, Isaiah Joe, Jerami Grant, Jabari Walker, Skylar Mays, Deandre Ayton, LeBron James, Anthony Davis, James, Davis, Dillon Brooks, Alperen Sengun, Fred VanVleet Organizations: Phoenix Suns, Utah Jazz, Delta Center, USA, Suns, Jazz, Phoenix, Mavericks, Sacramento, Dallas, Kings, Nets, Philadelphia, Raptors, Pistons, Toronto, Detroit, Pacers, Orlando, Indiana, Cavaliers, Nuggets, Cleveland, Denver, Celtics, Grizzlies, Memphis, Celtic, Trail, Oklahoma City, Thunder, Portland, Trail Blazers, Lakers, Rockets, Houston, Clippers, Thomson Locations: Salt Lake City , Utah, USA, Salt Lake City, Utah, Brooklyn, New York, De'Anthony, Indianapolis, Indiana, Boston, Memphis, Oklahoma, Portland, Los Angeles, Houston

☆ Biden and Xi will sign a deal to keep AI out of control systems for nuclear weapons: report
▼ + stars: | 2023-11-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

China's President Xi Jinping and US President Joe Biden will meet this week. They're expected to agree to limit the use of AI in nuclear weapons, a report said. AdvertisementAdvertisementUS President Joe Biden and his Chinese counterpart Xi Jinping are set to sign a deal limiting the use of artificial intelligence in nuclear weapon control systems, according to The South China Morning Post. Biden and Xi will pledge a deal limiting the use of AI in autonomous weaponry, such as drones, as well as the systems used for the control and deployment of nuclear warheads, the report said. Secretary of State Antony Blinken was asked last week about prospects the US and China could come to some understanding about keeping AI in nuclear weapons.

Persons: Xi Jinping, Joe Biden, They're, —, Xi, Biden, Vladimir Putin, Volodymyr Zelenskyy, Oriana Skylar Mastro, Stanford University's Freeman, Antony Blinken Organizations: Service, South China Morning Post, Economic Cooperation, White, Stanford, Stanford University's Freeman Spogli Institute for International Studies Locations: China, Asia, San Francisco, Ukraine, Russian, Israel, Beijing, Gaza, Hague, Bletchley Park, Japan

☆ As Biden and Xi gear up for a high-stakes meeting, experts have low expectations
▼ + stars: | 2023-11-12 | by ( Megan Lebowitz | ) www.cnbc.com time to read: +8 min

Senior U.S. administration officials detailed a handful of agenda items during a briefing with reporters. "We're not talking about a long list of outcomes or deliverables," a senior administration official told reporters. Even in recent days, Chinese officials were hesitant to confirm that Xi would attend the meeting with Biden. Biden and Xi's meeting also comes in the lead-up to Taiwan's 2024 presidential election in January, followed by the U.S. election. "We've been clear publicly and privately that interference in the Taiwan election is something we're extremely concerned about," a senior administration official said.

Persons: Xi Jinping, Joe Biden, Xi, Colleen Cottle, Jude Blanchette, They've, Thomas Fingar, Fingar, Biden, Wang Wenbin, Karine Jean, Pierre, Jean, Oriana Skylar Mastro, Ely Ratner, Ratner, We've, we've, Li Shangfu, Li, David Sacks, Sacks, Xi's Organizations: Global China, Atlantic Council, Senior, Center for Strategic, International Studies, Stanford University, National Intelligence Council, White, U.S ., American Enterprise Institute, NBC News, Defense, Biden, China, Council, Foreign Relations, U.S, Washington Locations: Nusa Dua, Indonesian, Bali, U.S, China, Taiwan Strait, South China, San Francisco, People's Republic of China, Taiwan

☆ Pro-Palestinian protesters snarl Manhattan traffic and limit Grand Central access as they call for ceasefire Friday
▼ + stars: | 2023-11-11 | by ( Aya Elamroussi | Rob Frehse | ) edition.cnn.com time to read: +3 min

CNN —Hundreds of pro-Palestinan protesters snarled Manhattan traffic and curtailed people’s access to Grand Central Terminal as they demonstrated in New York City on Friday night, in part demanding a ceasefire in the Israel-Hamas war. The demonstrations temporarily closed access to the terminal, one of the city’s largest transportation hubs, the Metropolitan Transportation Authority’s Metro-North Railroad said online Friday night. Video also showed police keeping demonstrators back from The New York Times building on Friday. One night earlier, several protesters occupied the building’s lobby, and some of them were arrested Thursday night, police said. By 10 p.m. Friday, many of the protesters had left the Grand Central Terminal area while police officers remained for security reasons.

Persons: ”, Israel, Fatih Aktas, Amin Jaludi, ” Jaludi, “, Artemis Moshtaghian, Zenebou Sylla, Matt Friedman, Skylar Harris Organizations: CNN, Grand, Palestine, Grand Central, Metropolitan Transportation Authority’s, Railroad, New York Police Department, NYPD, Hamas, Palestinian Ministry of Health, Getty, The New York Times Locations: Manhattan, New York City, Israel, Columbus, Gaza, Ramallah, New York, Anadolu, Palestine, America

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