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Stock impact report

The Ghost Of Inflation Past [Seeking Alpha]

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Seeking Alpha
The critical CPI report showed inflation easing to four-year lows, a heavily criticized report that may, ironically, be the most accurate inflation reading in several years due to collection limitations. The report "zeroed out" shelter inflation due to incomplete collection, combined with an antiquated and lagged sampling methodology, effectively "correcting" its data by removing the most persistent source of distortion. The Nonfarm Payrolls report this week—a similarly unusual two-month compilation—also pointed to a continued cooling in labor market conditions and easing wage pressures. Real estate stocks were under pressure despite another REIT buyout announcement and a wave of dividend increases. Two Harbors surged 15% after it agreed to be acquired by mortgage lender UWM Holdings. TWO joins a swelling list of 41 public REITs that have been sold to private equity firms, merged into other public companies, or liquidated since 2022. GummyBone/iStock via Getty Images Real E Show less Read more
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